BTCUSD 9/30 Bear DIV to watch

2017年9月30日

Watching for bearish divergence on BTCUSD
Marked are levels to confirm or invalidate the move

Now: Sell at own discretion at current price 4363
Near future: Buy 3950-4050, watch for bounce 4200 level

This post is a follow up from last, where I marked level to sell at, I sold this portion of my stack at 4350.
DO NOT SELL FULL STACK. This move should only be followed with small portion to mitigate possible losses if pattern fails.

Current positions:
LONG BTCUSD 3000, Target 5000, Stoploss 2750
MEDIUM TERM: 3960, Target 4350, Stoploss 3490 (SOLD 4350)

Best of luck

2017年10月2日

订单已取消

Break upward validation level. Pattern no longer valid

2017年10月2日

注释

There was a clear break of 4430, however the bear divergence is still showing on 4hr with candle wicks beyond validation level. Still could be in for some downside, its just a matter of how much

2017年10月3日

注释

I call pattern no longer valid, but later the wicks show different story that it couldn't pass that level. Updated chart here

2017年10月5日

注释

Clear break of confirmation level