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Short

BTC - completion of D leg

By joedtrader
Updated
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Does bears cares? or Are there any sellers at all?
If bears awaken, they will dump this coin 'till 11K.
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the second attempt to break the D leg failed. Do I wait for the 3rd attempt? No, just pushed my sell button and let's see how it goes.
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Now going to its 50% retracement from the D leg completion. Once broken, 100% retracement is the next support. Placed my 1st and 2nd target (green line).
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Price just touched the 50% retracement with huge bearish candle.
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Added a trend line. We can see that it's forming a bear FLAG. A big drop before a Huge rebound?
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still very far from support trend line
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A more clearer scenario. Almost there for the bulls to be merry.
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Just touched the 100% retracement from D leg completion of gartly pattern. It will target now the bottom trendline. I'm ready to take my profit from short and go long once hit
Trade closed: target reached
Trade closed @107393.04
Chart PatternsHarmonic PatternsTrend Analysis
joedtrader

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