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mostly_george

BTSBTC Short trade setup

Short
BitShares / Bitcoin (POLONIEX:BTSBTC)  
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POLONIEX:BTSBTC   BitShares / Bitcoin
Trend Analysis Harmonic Patterns BTSBTC elliotwaveanalysis short tradesetup
6
4
trendanalysis harmonicpatterns btsbtc elliotwaveanalysis short tradesetup
BTS will correct a bit after it broke out of the channel, forming corrective wave No 4, but it shouldn't get higher than D (3737)

Open trade : as near as you can to 3737
Target: 2500
Stop loss: a close after 3800


We're in a Double Zigzag correction : textbook form here http://www.elliottwave.net/educational/basictenets/basics_images/fig_13.gif
Transaction en cours:
opening a trade at E
BTS Short
Transaction en cours:
Adding to my short @ 3700 resistance . if it breaks, trade is cancelled.
Commentaire:
I messed up the last chart.

Here is how it should look like
Correction to previous chart Elliot wave
Commentaire:
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Idées en relation

mostly_george
BTS LONG
mostly_george
BTS SHORT
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