Bitcoin: Trade for Bearish Wave, Again

Jul 10, 2018

4H and Hourly chart continues to show divergence...daily trend is still bearish...I am looking for a re-test right below 6660 to enter short with stop above the most recent (lower) high.

Jul 10, 2018

Trade active

Here we goooo

Jul 10, 2018

Note

Would move stop losses to breakeven here

Jul 11, 2018

Note

Trailing stops to 6410, will consider re-entering upon the right conditions if I am taken out

Jul 13, 2018

Note

Trailing stops to 6303, securing 2.2R ...at this moment still bearish so if I am stopped out I will be looking for next short trade, unless there is a bullish impulse on 1H or higher

Jul 15, 2018

Trade closed: stop reached

Taken out at my trailing stop, netting 2.2R on this trade. I am still bearish on BTC so currently looking for a new entry to sell -- eventually looking for a bullish reversal on BTC but no signal yet for me to change my present short bias