BITSTAMP:BTCUSD   Bitcoin / Dollar
Mates, MPS-3.9 recognized and drew this cypher on btcusd             . The selling area lines up with major levels form 4H timeframe. Now we have a high probability for btc             to decline soon.
Trade ist aktiv: now the cypher completed
Trade geschlossen: Ziel wurde erreicht: conventional first target is hit. let's see if can hit the extended one as drawn on the chart.
Trade geschlossen: Ziel wurde erreicht: conventional second target is hit. Still looking for more dowside movement
This pattern was found by the MPS-5 pattern recognition software: http://www.ps-software.net

Get your free pattern trading course: http://ps-software.net/learn-the-patterns/

Alex Nikitin Youtube channel: https://www.youtube.com/user/alexniquitos/
Nice
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right on the money Alex!
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@pmcllc, yep/
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How do you draw point D? How are the triangles called?
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I operate at Binance, I sold at $ 12,655.95, and now it's already at 14K, what do you recommend? Wait or buy again?
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afrik ViniciusBr
@ViniciusBr, Same here.. sold yesterday expecting a drop ;/
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@afrik, I'm waiting. I'm anticipating a longer downtrend. Normally I try to ride the waves with swing trades but really got to take some time off. Unless the green downtrend line gets broken faster then anticipated. Keep an eye on that line.
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@ViniciusBr, I recommend you to do exactly what your trade plan says.
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