trytofeelpositive

BTCUSD(t) Analysis (looking for SHORT)

Kort
BITSTAMP:BTCUSD   Bitcoin
Hello friends.
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Everything on the chart.
If my markup is correct and the final wave of (5) is waiting for us. Price will drop after this movement will finished.
Looking for short in area 7900-8200, because it's target zone wave of 5, and some of big exchanges have big order blocks in area 7850-8000 - i guess they looking for short in that zone.
I'm waiting for correction at least zone ~7500(left without a retest + mid of the channel)
so our target will in zone 7500-7300(There we will watch how the price will behave in this zone.)

(some of my indicators say that we are still bullish,and after this correction we can go even higher.)
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Good luck.

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Handel aktiv
Handel aktiv:
guys, as soon as we get a starting impulse to the bottom, I will adjust the targets my short position
Trade stängt manuellt:
wave of 5 get very big stretched,cant calculated this, i will looking for short above
Kommentera:
and yes i get stop-loss 3%
i create new idea for open my short a little bit above, keep calm, correction will be!

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