Post
Topic
Board Speculation
Re: 2018 Cryptocurrency Crash (Elliott Wave)
by
xxxx123abcxxxx
on 28/01/2018, 08:31:31 UTC
Additional short trade setup ahead of the CME futures 26-JAN-2018 expiration as follows:

BTC/USD (COINBASE)

OPEN = 11146
CLOSE = 8065
STOP = 11690

RISK = 4.9%
REWARD = 28%

https://i.imgur.com/XIL5Jqr.png

1. ^ This trade has been stopped out at a loss.



Short position ordered at $12485 with a stop-loss at $13017 on BTC/USD (Bitfinex).

2. ^ This trade is still active.



3. Idealised and speculative Elliott Wave model indicative of price and structure, not time:
    —https://i.imgur.com/ukNPCjy.png
    —https://i.imgur.com/jWJRZYq.png