junkie
Short

Short BTCUSD @17920 target1 16500 and target 2 14900

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I feel that bitcoin rally has run out of steam, this seems to be the end of a 5th impulse wave of elliot and the 1st reactionary wave seems to have begun!
I feel the bitcoin will test target 1 of 16500 , target 2 of 14000 and the stop loss for the same would ideally be the rally high, but i feel a close 19300 would also suffice!
Trade closed: target reached: Target 1: 16500 has been achieved, now we will wait for daily close for further move

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