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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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.