BTC - day trade short idea
Updated
Looking to short if this rally turns out to be a bull trap, if it starts breaking out to new highs, short will be closed. However, this is what I think is happening on BTC: (image linked below). I still think 4500-5k is in play
blogs-images.forbes.com/jessecolombo/files/2014/02/stages_bubble.png
blogs-images.forbes.com/jessecolombo/files/2014/02/stages_bubble.png
Trade active
Note
Check the rising wedgeinvestopedia.com/university/charts/charts7.asp
Trade closed: stop reached
Stop triggered. Looks like we might be on the way to new highs
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