Bearish Wedge - Proceed with caution

15 May 2018

BTC looks most likely to fall out of the wedge, and find support at the 50% fib algo target. This would be confluent with the completion of a larger scale wave 2 retracement. This is what I am seeing in my TA, but we shall find out soon enough. We may go up first, and watch out for possible bull traps.

21 May 2018

İşlem kapandı: hedefe ulaştı

All targets reached perfectly. Bounced off the 50% Algo as predicted