Short bitcoin at 402, Stop loss at 422

Symbol
Short BTC
Last
-
Entry
402
Size
100%
Exit
430
P/L
7%

  *check out the bitcoin trading guide and reference for what they mean

Entry Update: 

Market is consolidating at 400 USD, any attempt of a bounce was sold off pretty fast in the last three days. I was very short term bullish, intermediate term bearish. Will be shorting at these levels. In addition, the chart pattern looks like a flag/penant formation at the lows.

Exit Update: 

Exit Date: 
9/23/2014