BTCUSD short

٧ يناير ٢٠١٨

Price action rejected at parallel channel high.
Along with a nice bearish candle pattern on daily chart
See a push through current channel for a pick up in momentum
Expecting a retest of triangle pattern intersection which also coincides with .5 fib retrace of current trend higher (30th dec - 6th jan)
Roadblocks along the way will be .382 retrace + mid line of the longer term parallel channel

٨ يناير ٢٠١٨

ملاحظة

Retest of mid point

٨ يناير ٢٠١٨

ملاحظة

Now nearing our support area

٨ يناير ٢٠١٨

ملاحظة

14278 next support down: .618 fib retrace of recent uptrend + res/sup 1st+4th wave

٨ يناير ٢٠١٨

ملاحظة

Testing bottom of parallel channel
Things are moving fast

٨ يناير ٢٠١٨

ملاحظة

Upside momentum still capped by RSI trend