BTCUSD - D - SHORT

Dear traders,

Here is a new SHORT signal on BTCUSD :

Entry : 12120
SL : 14200
TP1 : 10950
TP2 : 8500

Reasons for this short : Daily timeframe is validating all criteria for short. We still have room on daily for falling down, not talking about weekly and monthly TF.
Only two TPs for this trade as BTC is a bit fancy on the short side. I suggest for long term holders to open buy on both TPs if hit. Its noted daily but if should not last this long.

Trade with your own diligence,
GL HF

Comment:

Closed 50%@TP1. SL@BE.

Comment:

One final leg down seems achievable. I'm switching TP2 to 9000 in order to catch a possible touchdown to gann and not to fib.

Trade closed: target reached:

And right on fib! TP2 hit and trade close.
Will we see 6k? Don't know, but I'm buying some at this price...