OrigamiOracle

Exhaustion Gap, Return to Support

Short
OrigamiOracle Updated   
BITMEX:XBTUSD.P   Bitcoin
3 gap pattern indicates potential return to support at 8500.
Fib timing suggests this could begin in the coming days and take 2 months to complete.
Stop loss above the 2019 high provides an R:R of 1.5

Side: Short
Entry: 11800.0
Stop Loss: 14001.0
Target: 8501.0
RR(BTC): 2.43
RR(USD): 1.50
Trade active
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