koolshanin

BTCUSD Pure Price Action based setup. 9470 coming !!

Short
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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1
BTCUSD trading at 10511 broke a minor inter-trendline to the upside but failed to carry the bottom found a reversal tick above the candle close. To the benefit of the bears this reversal is near a major trendline resistance too. So a good risk-reward short trade is in the making in BTCUSD .

My levels for the trade will be short at cmp or to the pullback for 10640 sl 11250 TGT 9470/9000/6000

Disclaimer: My views are not written on stone and can result in loss too. Consult your finiancial advisor before making trading decisions.
Comment: 10288 now after low of 10122. 250$ profit if have taken it.

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