BTSBTC Short trade setup
Updated
BTS will correct a bit after it broke out of the channel, forming corrective wave No 4, but it shouldn't get higher than D (3737)
Open trade : as near as you can to 3737
Target: 2500
Stop loss: a close after 3800
We're in a Double Zigzag correction : textbook form here http://www.elliottwave.net/educational/basictenets/basics_images/fig_13.gif
Open trade : as near as you can to 3737
Target: 2500
Stop loss: a close after 3800
We're in a Double Zigzag correction : textbook form here http://www.elliottwave.net/educational/basictenets/basics_images/fig_13.gif
Trade active
opening a trade at E 
Trade active
Adding to my short @ 3700 resistance . if it breaks, trade is cancelled.Comment
I messed up the last chart. Here is how it should look like
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