Bitcoin
Short

Wolfe Wave Pattern - hedging a short here

Updated
Opened a short hedge at 11800 for under 10800.
Comment
Please keep in mind that this is a hedge. If we breakout and close above the Wolfe Wave, my first points of interest are 12.100 - 12.300 and it could go for 13xxx levels. Best ways to play this in my opinion is being long and short at the same time on different accounts and play the liquidity both ways with low (1-3x) or no leverage.
Trade closed: target reached
Wave Analysis

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