Bitcoin 4 hour mashed into daily bars

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I don't need to explain if you have been following my other postings blue diagonals are most recent trend lines . I was also counting waves over the last day which show up as little red lines (one of which is vertical. My analysis is still short.
Comment: Was that a dollar bounce from lows on economic stats that just pushed Bitcoin past 50% at $6,900 ?
Comment: When to go long? I've got three choices on the 2 hour chart. They are all points which had great significance in my thinking to go short. Williams Fractals (50% $7,367.6 H =$8,120.2), (50% $7,037.3 H=$7,509.7), (50% $6,991.5 H=$7,189.0). I cancel all my thoughts about shorts with a stop $7,189.0. Review going long. Can always short again later.
Comment: When to go long extra? Those 3 points on the 2 hour chart mentioned above would also apply to the 4 hour. Bollinger Bands also narrowed on 2 hour chart to indicate that a touch of the bands either way would signal direction of market (sometimes can be false and you need a strategy to deal with). It's already done that once on the 2 hour chart indicating a possible break higher. If it did that again or broke beyond the previous touch could use that as a closer stop. The 4 hour chart also has bands close enough that if price touched would indicate where price was heading next.
Comment: See my new post "When to go long or stop shorts?"
Comment: All long for now. Price smashed through Bollinger Band again 2 hour chart.
Comment: I'm now going to switch to monthly and weekly charts. Less work.
Comment: I think I'll take on the daily charts as well but may look more like I'm copying from others.

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