mortdiggiddy
Short

Good short setup on $BTCUSD

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
I expect a rejection in this parallel channel area for BTC . Target 1 is the 2019 low, then to the 78.6 FIB on the way down.
Comment: Weekly.
Comment: Weekly CAM pivots showing tag on Camarilla R4. Heavy resistance here.
Comment: A conservative entry would be to wait for 8100 to short, at the low of today's large daily candle.
Comment: Waiting and watching here, volume is peaking out right now on this location.
Comment: Rejected weekly ATR stop, perfect!
Trade closed manually: Closing this manually, we are getting a daily ATR stop bounce after rejecting the Weekly ATR stop. There is a decent chance of revisiting 9200 now and busting the descending white channel.

Comments

Thanks for your sharing!
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kindly update the chart when you see short confirmation
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mortdiggiddy ChartsMechanic
@ChartsMechanic, Not short yet.
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