BitcoinShort
BTCUSD M30 Bear Flag. (RISKY)
Updated
There's quite a few btc short ideas out there on TV at the moment so I want to give my analysis of quite a risky bear flag.
M30 We have 5 up with bearish divergence but we have no lower low and there's a possibility of bullish hidden divergence. There is a bear flag forming but its a very risky trade so if you take the trade keep a very tight SL.
H4 Wave Z Up idea the 1st TP has been hit and I can't rule out the 2nd TP getting hit in the near future. Checkout the idea to get the complete picture thanks.
Good luck and trade safe!
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Thank's to all the traders in advance that hit the thumbs for your support!
M30 We have 5 up with bearish divergence but we have no lower low and there's a possibility of bullish hidden divergence. There is a bear flag forming but its a very risky trade so if you take the trade keep a very tight SL.
H4 Wave Z Up idea the 1st TP has been hit and I can't rule out the 2nd TP getting hit in the near future. Checkout the idea to get the complete picture thanks.
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation for this free analysis, You seen these counts and analysis here first!
Thank's to all the traders in advance that hit the thumbs for your support!
Note
BTCUSD M30 Expanding Flat. Checkout the idea to get up to speed thanks.
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