BTCUSD 3H A-B-C-D-E PATTERN

Pair is creating lower lows and lower highs in an A-B-C-D-E Pattern.
Take Profit is still previous swing low.

Kommentera:

There is a possible triple bottom support level at 12K that can be the 1st take profit.

Kommentera:

ENTRY POINT SHORT - There is a 12K double bottom support level that can be my 1st Take Profit area. I have drawn an ascending trendline that when a Break-Hook_Go pattern on the 15m chart develops I will enter with a triple bottom retest as my TP. Price may continue bearish from there to the "e" point support level as my 2nd Take Profit.