BTCUSD | 60% Daily Short Trade Setup
Updated
Confirmation: 5235.47 (early) / 3843.60 (late)
Invalidation: Local high
Type of Trade: Cyclical (EMA50 below EMA200)
Target: 1991.97
TF: Daily
Leverage: 3x
Pattern: 1) bearish flag with 2) previous bearish impulse wave, 3) EMA50 below EMA200, and 4) untested 3/1 Gann.
Invalidation: Local high
Type of Trade: Cyclical (EMA50 below EMA200)
Target: 1991.97
TF: Daily
Leverage: 3x
Pattern: 1) bearish flag with 2) previous bearish impulse wave, 3) EMA50 below EMA200, and 4) untested 3/1 Gann.
Note
Trade active
Note
BTC vs. SilverPay attention to the price action and trend.
Note
I am still short, but here is more information regarding this trade:![BTCUSD [REVISED] | 60% Daily Short Trade Setup](https://s3.tradingview.com/h/h6OsR1Ey_mid.png)
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