Is this... a channel???

BTC really gave us everything the last couple month. We had breakouts, breakdowns, we are in a channel, and in this channel we even had a triangle/wedge with an breakdown.

It was an spectacular up, down, up, down, up, down, up, and next should be a down. If the channel is still good. we are on the way down already, so one could wait for a little pullback and then take a swing.

Aaaaand what do we have right now? A little pullback =)

I will enter a small position and if everything goes as expected, this position will grow bigger till we reach the bottom of that channel.

Trade active

Trade closed manually:

looks like the support was too strong...