BTC correction down.

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Second attempt.
Here again we have:
1) 5 waves down
2) broken trend line

The most probable direction now is down.

SL is around 555 (BITSTAMP)
Profit area 505 - 510
Note
The decline should continue from here.
Could be we are moving down from the following triangle:
snapshot
Trade fermée: ordre d’arrêt atteint
No luck this time, stopped out.

Waiting for the next Elliott Waves setup.
Elliott Wave

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