Sell BTCUSD at 17800 target 1 : 16500 , target 2: 14900 SL:19300

Dec 19, 2017

BTCUSD seems to have completed its impulse wave and seems to have entered a reactionary wave. The target for the same at first will be 16500 levels and second target can 14900 levels. The stop loss ideally should be above the high of the rally, but on a closing basis the stop loss will be 19300.

Dec 20, 2017

Note

Target 1: 16500 has been achieved, now we will wait for daily close for further move

Dec 22, 2017

Trade closed: target reached

Okay target has been reached and price continues lower. 11590 levels should act as a support.