Bitcoin Short Idea
Most centers or pause-low of Sine Waves will be broken, before price turns in the opposite direction again.
The Big Picture alltough is a huge H&S formation that could form with a false Break of the H&S Base, where price gets rejected, after reaching the Centerline of the Pitchfork.
If this scenario plays out, we would have a huge downside potential, reaching the Lower-Medianline Parallel of the Pitchfork.
Most centers or pause-low of Sine Waves will be broken, before price turns in the opposite direction again.
The Big Picture alltough is a huge H&S formation that could form with a false Break of the H&S Base, where price gets rejected, after reaching the Centerline of the Pitchfork.
If this scenario plays out, we would have a huge downside potential, reaching the Lower-Medianline Parallel of the Pitchfork.
Comment:
Further down...come to papa ;-)
Profit or partial at the centerline.
Profit or partial at the centerline.
Comment:
Nearing the CL.
Potential rebound ahead.
Potential rebound ahead.
Trade closed: target reached:
That's it.
Trade is over. Now let's see how this anymal behaves
Trade is over. Now let's see how this anymal behaves
Hopefully it will hold at the Centerline. But even then, a further decline is projectetd from the prior pattern. Fingers crossex, even if we profit now.