Short

BTCUSD :At the End of Higher Swing

Updated

BTCUSD is strongly bullish, signaled to end of higher high swing, at possible resistance level. It could retrace upto Trend line mentioned on chart, breakout of test of trend line lead the Ultimate target(14k) of setup.
First target from short signal is Ema20 position from Resistance level, so it is dynamic target.

Note

Near Resistance level.

Trade active

Touched First Target up to Ema line and Second target 16k, it was climatic fall. Hope to see the Ultimate target of 14k.

Note

Clear break of trend line and breakout test could be short position for long run. Look for every short position.

Note

Breakout test of trend line happened.

Note

Possibly to touch the 16k target in this bearish move.

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