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BTC: Ready to Short

87
Hi all,

Been a while since my last update but I've just really been waiting for a further low to kick in.

We're currently sitting at the top of a triangle that has been in play since 14k, so I'm looking to add a short here. Extension is possible up to the 9k region but I'll place a stop loss beyond this.

Multiple targets within the 5700-5500 zone, in addition to the high volume area at 6k. This is my predicted bottom and I'll close my short position just above this.
Nota
Looks as if we have a 5-wave structure soon to complete on the 4H at this point in time. Looking for reversal in the 8800-9100 zone.

Penafian

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