IAmSatoshi

Potential Bearish Pennant

Short
IAmSatoshi Updated   
BITMEX:XBTUSD.P   Bitcoin
High TF bearish consolidation suggestive of bearish continuation.

This target would also break the longstanding descending triangle.

Stop entry <6140
SL = 6400
TP = 5000-5350

Previous resistance turned support from Sept and Oct of last year also at these TP levels.
Comment:
does this mean i'm both bear and bull?

no, but sitting long rn with tight stops
Order cancelled:
hopefully this idea is officially dead

Comment:
leaving my personal stop-entry for now with long stops at BE

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