cerealtrades

qqe is still short (btcusd)

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cerealtrades Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
qqe is moving on with another short entry on bitcoin vs the dollar. if dxy opens hot to the upside there will be a completion of a bearflag. were right around the .382 of extention so if we bounce it could mean continued upside on the lower timeframes.
39516 and 40333 are targets
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could cover in low 396s
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stop loss 39786
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reshort if we cant break 399
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cover
Trade stängt: målet nått:
long and short targets were hit
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hourly targets are 409 and 394 after that is 4188, 3879
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price action roughly in bearish triangle
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this is a historical technical trend
this is the current trend
there are similarities, but it could go either way still.
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i would cover again here
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4hr pattern looking like it should break soon
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coming to the tip of the range
if we break bear looking for something like 38228.5
if we do something more bullish looking for about 38448
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