BTCUSD Perpetual Contract
Short
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Reaction upwards from filling the CME gap, but hold your horses!

118
Significant upward resistance met at 7900 after violent reaction at filling the CME gap. Check tensorcharts. This could be a bull trap.

I missed my previous target and was stopped out while I was sleeping; however, I've re-positioned my short and I am still targeting the downside.

Note
Looking at the CME chart, the price is hitting resistance at the downward sloping channel.

snapshot
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snapshot
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Bumping up against that 200MA on the 15m time frame.

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