piphunters

BTCUSD possile short term SELL setup

Short
BITSTAMP:BTCUSD   Bitcoin
The crypto is under a lot of pressure with respect to fundamentals and is forming a falling wedge, as of now there is no indication in price action that indicates this structure end with an impulse so it give us an opprtunity to enter short when price goes around the top of the structure, the risk/reward ration will be in our favor for this setup since stops can be close by and we can target the bottom of the structure for taking profits.
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