BTC Ponzi---Hell candle awaits--- One last liquidity spike.

16 בדצמ׳ 2018

Short the 3330-3340 level.

Strong confluence with bearish OB and fibonacci golden zone.

Get ready for that hell candle down to 2.8k

16 בדצמ׳ 2018

הערה

16 בדצמ׳ 2018

הערה

4 hour inside bar. Looks like trend is too weak to even make it to the golden pocket zone.

0.382 fib rejection suggests the bulls are even weaker than I thought.

16 בדצמ׳ 2018

הערה

1 hour head and shoulders / double top

18 בדצמ׳ 2018

הערה

Liquidity spike ended up going higher than expected. Ended up blowing through the bearish orderblock.

This could have been a short term bottom. Either way, I have been calling short since 3900-3700 and have rode it down to my first target of 3100, so I consider this trade a success.

Note why it's important to have two targets and take off 50% at the first target.

18 בדצמ׳ 2018

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