BTCUSD Short Idea
Bigger stop loss this time.
I still believe we will keep falling in the short run, or at least it will be very choppy. We have breached and are currently consolidating below my zone, so I feel we are about to have a dump, especially as America is waking up. Plus, we have an inverse Head and Shoulders forming as well, so more downside potential in my opinion. Also, a 5th leg down to the bottom of the triangle is to be expected.
I still believe we will keep falling in the short run, or at least it will be very choppy. We have breached and are currently consolidating below my zone, so I feel we are about to have a dump, especially as America is waking up. Plus, we have an inverse Head and Shoulders forming as well, so more downside potential in my opinion. Also, a 5th leg down to the bottom of the triangle is to be expected.
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