Elijah_Trading

Flipping Bearish Short-Term Bias on BTC

Short
BITMEX:XBTUSD.P   Bitcoin
While originally expecting more pullback on BTC to the upside. It's becoming more evident that BTC is rounding out at the top of this up move. More and more signs are coming for lower prices. So While i expect price to move a bit lower now, higher prices are still a possibility. This is an odd range, and I'm willing to be wrong due to the nature of that.

With some divergences and elliot wave counts to be showing price as bearish, i'm not sure it stretches past the low from the 9th quite yet.
Order cancelled:
Price broke even on the trade, refer to other idea as my bias may be flipping back to the upside!

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