SharkbaitAl
Short

Bitcoin: Trade for Bearish Wave, Again

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
4H and Hourly chart continues to show divergence...daily trend is still bearish ...I am looking for a re-test right below 6660 to enter short with stop above the most recent (lower) high.
Trade active: Here we goooo
Comment: Would move stop losses to breakeven here
Comment: Trailing stops to 6410, will consider re-entering upon the right conditions if I am taken out
Comment: Trailing stops to 6303, securing 2.2R ...at this moment still bearish so if I am stopped out I will be looking for next short trade, unless there is a bullish impulse on 1H or higher
Trade closed: stop reached: Taken out at my trailing stop, netting 2.2R on this trade. I am still bearish on BTC so currently looking for a new entry to sell -- eventually looking for a bullish reversal on BTC but no signal yet for me to change my present short bias
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