Possible a periodic short term change in direction

Haven't posted in a while. Quick observation on the 1D chart cycle, we have observed a cyclic 50D cycle and I believe this pump is nearing the 50D mark. Furthermore, the 13200 - 13800USD resistance evelope has been challenged various time wihtout a proper breakthrough.

Shorted since 13160USD. Those on long positions, be slightly more conervative.

Happy Trading.

Trade active:

Also, if you observe the 4hr chart, you can start to see the formation of a conventional head-and-shoulder formation with decreasing volume at the top. This further solidifies the bullish prediction.