$8490 by the 15th and then, here's hoping for a pump.

A few chart patterns and the fib retracement over the last week. We could be looking at a drop from here to continue in the falling wedge on the daily converging near the 17th. A low of $8420 according to the fib; and my chart leads me to believe that $8490 by the 15th of Nov.

I'm leaning towards a breakout from this wedge due to fundamentals and such.

Feel free to drop a comment.

Trade chiuso: obiettivo raggiunto:

Closed my short position at $8491 +2.90%