BTCUSD - BitCoin USD Sine Wave
Updated
Bitcoin Short Idea
Most centers or pause-low of Sine Waves will be broken, before price turns in the opposite direction again.
The Big Picture alltough is a huge H&S formation that could form with a false Break of the H&S Base, where price gets rejected, after reaching the Centerline of the Pitchfork.
If this scenario plays out, we would have a huge downside potential, reaching the Lower-Medianline Parallel of the Pitchfork.
Most centers or pause-low of Sine Waves will be broken, before price turns in the opposite direction again.
The Big Picture alltough is a huge H&S formation that could form with a false Break of the H&S Base, where price gets rejected, after reaching the Centerline of the Pitchfork.
If this scenario plays out, we would have a huge downside potential, reaching the Lower-Medianline Parallel of the Pitchfork.
Note
On track.Hopefully it will hold at the Centerline. But even then, a further decline is projectetd from the prior pattern. Fingers crossex, even if we profit now.
Note
Further down...come to papa ;-)Profit or partial at the centerline.
Note
Nearing the CL.Potential rebound ahead.
Trade closed: target reached
That's it. Trade is over. Now let's see how this anymal behaves
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