BTC/USD - Nice Pitchfork trade - oppotunity for Double Top trade

Hello trader,
wisch you a nice day 💲


Smart Money ended this nice 5 wave move with a bad fakeout.
IMO we are hovering at the bottom of the double top, I'm going to trade the bullback SHORT!

Since we are way too far down for a decent correction (about 0.382 of the down move) I will be looking for a LONG at the 0.5 and Golden Zone!

I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.

➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️

Thanks for reading my ideas!

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Set my position to breakeven

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breaeven :/

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BTC has hit the target of the range exactly, now we have to wait and see how things develop

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This upward movement was repeatedly supported by the 1h cloud....
Shortly we will get a sell signal

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You should know I play on LTF IMO

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Cloud Verkaufssignal in 1h Cloud !
Kann das iel noch nicht bestimmen, aber werde meine Short-Position früher als 0,382 schließen und nach Long ausschau halten.

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My position would be closed overnight in plus

Option1 : Falling wedge breaks from targets 0.618 marked in white or
Option 2 : we stay in the range (in green)

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Looking at this post I see the channel has been right for many months....The breakout was also powerful and dynamic. Bears are sure to attack at 0.618

Bullish Option

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1D also looks bullish

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Bear option, but IMO things are looking better for the bulls.
My Bearcount Idea is for the junk above 0786

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SHORT

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small loss on LTF

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HaS

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Bigger Picture

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I would like to mention that all I post are just options and my own opinion!

Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
----but i let it run,yeah !!

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Yess,man......good money