Bitcoin - Trade idea for further correction

٣ يوليو ٢٠١٩

Weekly chart
Correction to above 61.8% Fibonacci retracement
Formed shooting star candle
Positive week presents selling opportunity

Daily chart
Impulsive move higher to 13880
Common corrective sequence ABC

Sell into rally near 12250-12500
Stop at 14000
Target 1: 8000
Target 2: 7232

١٥ يوليو ٢٠١٩

تم فتح الصفقة

B corrective wave a little higher than expected but rejected and moving lower nicely.
C target now comes in at 9000