TradewithLu

#BTCUSD Medium Term Trade Opportunity (Sell)

Short
BITFINEX:BTCUSD   Bitcoin
Action: Buy at Market Price between $10968.2
Stop Loss: $11379.8
Take Profit: $9804.3
Order valid: 24 hour from publication

If price breaks down below $10968, then the most recent bullish move cannot be a 5 wave impulse move up, and the future price movement will most likely head to the recent lows below $9800.

I am prepared for both bullish and bearish scenarios, are you? (see my previous analysis for bullish trade opportunities)

Disclaimer: This material should not be the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions, and is not related to the provision of advisory services regarding investment, tax, legal, financial, accounting, consulting or any other related services, nor is a recommendation being provided to buy, sell or purchase any good or product.



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