Smaller TF of my large wave count

4 בפבר׳

Just a smaller TF to watch of my main idea posted for wave count

4 בפבר׳

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Sell The Bart Flag

8 בפבר׳

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Bulls had a very good retracement, added more shorts at $44710

8 בפבר׳

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8 בפבר׳

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8 בפבר׳

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Unexpectedly, Bulls managed to push higher. I guess there is no end to top FOMO, seems to happen every cycle.

Expecting max. retracement of 88.6% of 49k top before crashing to 30k Trendline

9 בפבר׳

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I will be adding more shorts at 47.8k ready for the rug pull on the monthly/yearly chart

9 בפבר׳

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SHORTS ENTERED 2X Leverage 50k @ $46.670
Happy Capitulation 2024, lets go!

9 בפבר׳

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ugh stupid typos above, entry was $47,670 called just as i entered it
tradingview.com/chat/m/8faca6bc-8897-4de4-bd2d-545bf9286a62/

9 בפבר׳

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If you are long, you want to TP here, and buy back after a pullback on the weekly

10 בפבר׳

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11 בפבר׳

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13 בפבר׳

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I dont think this last push up was anything more than a liquidity hunt at the top of the year long rising broadening wedge and my trade plan is unchanged.
I am currently underwater on my shorts from $48,307 at 2x Leverage

13 בפבר׳

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Its also worth noting that there is a huge bearish divergence that has been building since Oct 2023, for comparison it is almost twice the size of the bullish divergence at 15k that brought us up here over the past 12 months.
A huge drop is coming, its just a matter of time, and the chances of nailing the exact top are almost impossible duie to all the mainstream hype and fomo in the markets.
Best thing to do imo, is keep opening shorts above. Some will get filled, some wont.
The Rug Pull is coming

13 בפבר׳

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14 בפבר׳

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To Improve my average sell order price i am doubling up on my short position. This will be my final short entry on this idea, If we break 52300 i will close my position at a loss and have a rethink, but until then, the top of this bearish wedge i believe is the absolute top, before the crash. We shall see.

16 בפבר׳

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History will prove if i'm just a delusional idiot or not, but i have decided to keep my shorts open, i have added an extra 30% cash to my trading account for additional margin, and have increased my exposure by a further 10% with smaller limit sell orders between 52.0k and 52.8k. Its do or die time lol. I dont use stop losses so wish me luck.. or dont ^^ happy trading

17 בפבר׳

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