NikaJourney

Multiple Confirmations For The Short

BITSTAMP:BTCUSD   Bitcoin
I have multiple confirmations for the short to last at least a few days or for the week. We have a bearish engulfing on a daily timeframe plus, we also have multiple bearish engulfing candles on the 4-hour chart after the monthly level was respected as resistance.

So one of two things is going to happen: this will be a pullback for another bull run, or we're about to do another nosedive to make a new lower low. Let's find out.

BULL TPS:
• 58096 .71
• 59603.93
• 61359.15

BEAR TPS:
• 55750.00
• 54364.99
• 52953.39
Trade active:
BULL TP1 hit on May 2nd.

BEAR TP1 hit May 3rd
BEAR TP2 hit May 4th.

Trade is not closed until all BULLS or BEARS TPS are hit.
Trade closed: target reached:
All BEAR TPS hit Tokyo session on May 4th, 2021.
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