KarlosMatos

See ya at 9.6k wyckoff style xo

Short
KarlosMatos Updated   
BITFINEX:BTCUSD   Bitcoin
9.6k not off the table
Comment:
Possible timeframe delay until late evening / weekend but appears to be a safe short as LPOS is forming up nicely
Comment:
Comment:
Beautiful so far. Reached first TP. I wouldnt expect much more until tomorrow though we could form consolidate slightly lower for a SOW over the weekend.
Good night for now
Comment:
Heavy bids at 11460
I have reentered my short with TP 11470
Will reassess tomorrow
Comment:
Tp reached decreasing leverage to 10x reentering short here. TP: 11111, 10150, 9666
Comment:
Ok, everything continues to look like its on its way to Accumulation and I still believe this is giving strong signs for further downside to the 10k 9.6 range.
Therefore; if you got in above 11800 as I did, bring sl to 11750 or entry.
What I have previously drawn I think is slightly out of proportion and I will repost one shortly.
TP1 10
TP2
TP3
Comment:
TP1 1111
TP2 10150
TP3 9666
Comment:
Comment:
Final thoughts, use good risk mitigation. A push above the 1hr 21 and 100 EMAs will see us retest 12200 and push higher
Comment:
Gap down delayed.. maybe next weekend.
Meanwhile there is a local triangle formed which we are at the top of. Easy short to 11400 range.
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