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BTCUSD Sell the breakout

Short
Bitcoin (BITSTAMP:BTCUSD)  
Wave-Trader Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis
56
9
trendanalysis chartpattern waveanalysis
Hi fellows. Sell the breakout. This pair still rising correctively so look for sell on the breakout.
Comment:
One move up wave and then drop is very likely. You can see that it is not breaking sharply so look for sharp breakout and then sell.
Comment:
One more up leg is possible
snapshot
Comment:
So we go the Truncation formation and breakdown. Further downside is possible as expected.
Comment:
Watch for breakout for further downside.
snapshot
Comment:
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