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januko

Bearish Divergence after a double top. Change of Tendency

Short
BTC Perpetual Futures Contract (BINANCE:BTCUSD.P)  
januko Updated   
BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
Wave Analysis Trend Analysis Chart Patterns
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After the double top, we see the bearish regular divergence both in MACD and RSI (and both in 4h and 1h, solid time frames). If we run the Fibonacci, this last retracement should end in 0,5 or 0,62 so i recomend a higher stop loss if entered at 0,5. Since then, price is expected to decrease at least until 1,61 Fib.
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sorry for the mess...
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