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OrigamiOracle

Bitcoin - Rising Wedge

Short
Bitcoin (BITMEX:XBTUSD.P)  
OrigamiOracle Updated   
BITMEX:XBTUSD.P   Bitcoin
Supply and Demand Fibonacci Wedge
6
0
supplyanddemand fibonacci wedgepattern
Trade 1:
Side: Long
Entry: 7310.0
Stop Loss: 7229.0
Target: 7644.0
RR(BTC): 3.32
RR(USD): 4.12

Trade 2:
Side: Short
Entry: 7644.0
Stop Loss: 8201.0
Target: 6404.0
RR(BTC): 2.77
RR(USD): 2.23
Trade active:
Trade 1 Open
Trade closed: stop reached:
Trade 1 Closed at Stop Loss
Trade active:
IHS not supported by volume, but with right shoulder forming at intersection of upper thirds of fib speed fans, and indicating the same target indicated by other analysis.

Trade 3 Open
Side: Long
Entry: 7300.0
Stop Loss: 7279.0
Target: 7644.0
RR(BTC): 9.89
RR(USD): 16.38

snapshot
Comment:
Trade 4 Order Placed:

Side: Short
Entry: 7889.0
Stop Loss: 8001.0
Target: 6461.0
RR(BTC): 14.19
RR(USD): 12.75
Trade active:
Trade 5 Open:
Side: Long
Entry: 7273.0
Stop Loss: 7239.0
Target: 7644.0
RR(BTC): 7.69
RR(USD): 10.91
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