BITCOIN Short - Break, Retest, Continuation Trade #crypto

Triangle consolidation was broken to the downside, now we have successfully retested the break and getting rejected to head towards 50K level.

SELL STOP 54300
STOP LOSS 57000
TARGET 1 50500
TARGET 2 48000

Comment:

Put stop at Breakeven enjoy free ride!

Comment:

Hope you took at least partial profit at TP1 50500 earlier today
The bearish momentum is still persisting and TP2 should be hit by end of the week
You should start trailing stop loss from break even even lower on top of previous 4hr candle
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Comment:

ALL TARGETS HIT - ENJOY!