Bitcoin
Short

XBTUSD SHORT - 1.16.19

Hello, hope everyone has enjoyed their holidays!

Now let's back to the grind, shall we?

Here's what I see...

We are currently trading below the EQ of this bear flag that has been ranging the past week or so.

The entries are not ideal as I would rather enter higher but the market is overall bearish.

So let's deal with what it's offering us.

ENTRIES:

A) 3610
B) 3670

TARGETS:

A) 3580
B) 3540
C) 3490
D) 3440

STOP LOSS: 3725

AVERAGED RR: 3

DISCLAIMER: I am not responsible for the losses as a result of using my trading strategy, so please exercise caution and do your own research.

Good luck!
Trend Analysis

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