BitcoinShort
BTCUSD | 4HR Short Trade Setup
Confirmation: 4040.86 (early) / 3916.87 (late)
Invalidation: 4193.82
Target: 3660.25
TF: 4HR
Leverage: 3x
Pattern: 1) three drive reversal with 2) previous bearish rejection candle (high risk of double top) and 3) weekly EMA200 resistance.
Breakdown of the channel will also breach the EMA50 on the daily:
Invalidation: 4193.82
Target: 3660.25
TF: 4HR
Leverage: 3x
Pattern: 1) three drive reversal with 2) previous bearish rejection candle (high risk of double top) and 3) weekly EMA200 resistance.
Breakdown of the channel will also breach the EMA50 on the daily:
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