Bitcoin
Short

BTC Completed Impulse Waves + Potential Short entry

Updated
Hey friends!

If you haven't already - you should be looking to take profits here! Also looking for a potential short entry in this area. We have potentially 5th Elliott Wave + supply zone and some divergences going on!

Good luck!
Trade active
Short entry 3815 (Mex)
Observing with mental SL
Trade closed manually
Manual close 3830. Keep observing.
Note
Parabolic advance on V wave broken. Should start looking for a short entry.
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Note
Quick update on the situation. The Wave count above is obviously not valid anymore and here is a new count.
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Looking for a fifth wave upwards into 3500 area and observing for a short entry.
Note
Wave IV correction - V wave into supply area

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Beyond Technical AnalysisshortTrend AnalysisWave AnalysisXBTUSD

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