Bitcoin
Short

BTCUSD H4 Wave Z

Updated
H4 were getting a Z down, were Z down ends is anyones guess but the ultimate target would be the 161.8fib. We are getting bullish divergence so if you take any short trades on the lower timeframe they should only be scalps!

Checkout my BTCUSD W1 C Wave Down idea to get the complete picture thanks.
BTCUSD W1 C Wave Down.


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Note
Checkout my BTCUSD D1 5 Swings down idea to get the complete picture thanks.
BTCUSD D1 5 Swings down
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Unfortunately after the H4 TL break we never got the H1 flag break for more downside, instead we got a impulse up ending the H4 Z down. I'm now on the bullish side, I will put out a H1 idea in the near future.
H4 Chart
snapshot
Chart PatternsElliott WaveWave Analysis

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