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BTCUSD / D1 : Now shorts are viable with this reverse signal

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Title says it all... In the previous analysis I explained that this was risky to remain bullish and that buyers should have profits secured and wait for corrective wave to build up in order to define an entry point to buy again later.
But the bitcoin kept going.. but the worst would be to buy it again too soon.. this bull break is not part of a bullish impulse, it's more like the first wave of an ABC flat correction . Too soon to tell if this will be an Extended Flat or a Regular flat correction . But at this point we now have a signal to not only exit longs entirely, but also to give a short entry as Sinewave is showing early Reverse signal... wich means that once the price will validate the bear cycle, this one will be a Reverse.. this cycles means stict exit of all long positions and short entry for agressiv traders.
I just shorted the BTC via CFD . My invalidation is detailed on chart.

Hope this idea will inspire some of you ! I'ld appreciate any like/follow if you feel like it deserve it ;)
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s/l hit
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PRO_Indicators MartinMdDinsdale
@MartinMdDinsdale, Yep this thing is crazy !! But that was counter trend opportunity, and apparently there's nothing to do on this side of the fence !
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