After hitting the 0.618 Fibonacci retracement perfectly, the Bitcoin COINBASE:BTCUSD made an extension right into the 1.272 Fibonacci extension level. And that without hesitation.
Now, having some trouble passing that level, it almost seems to be a perfect short setup.
However an AB=CD pattern emerges a bit above, and a trend line is passing by. Price can always go higher, but this confluence of 3 indicators can give you some better clues to go short and profit from a correction.