EdwardMorra_btc

EdwardMorra_btc

Scalp short from here and till 6690, not the best RRR but i'll take it, targeting 6340 - 6380

EdwardMorra_btc Updated 

Before we jump into any conclusions, I want to stress this out: IF we respect this trading range and IF we do not make any decisive lows (below 5600 max), this bottom could be similar to April's one. Absolutely do not @ me There is a big falling wedge forming that I am watching also that can take us to 5400-5500 (for those who prefer classical charting)

EdwardMorra_btc Updated 

Live chart (support and resistances) inside the current pitchfork.

EdwardMorra_btc

Just an interesting observation, not a call

EdwardMorra_btc

Update to my last call from telegram. Nothing really changes, I still see that 0.382 Fib zone as a possible scalp short entry. We formed ih&s here, retested bullish OB. Normally, you would want to long this, perfect set up imo, however there is a hidden bear div, and RSI 1h is forming a very dangerous rising channel. Long from current levels to close it and flip...