BTCUSD Patterns and ratios short entry
Lower lows and lower highs, trend still firmly down, unable to sustain any rally above .382
Potential entry that will allow adding to core short position. as we have 4 numbers converging
.382 last move @ 8217
.5 from low (18th) @ 8208
1.272 @ 8217
AB=CD @ 8180
stop above 1.618 (8380)
Target 1 - 7980 Stop to entry
Target 2 - TDB
Target 3 - 2460
RR high, potential ab=cb structure to $2000 area
Potential entry that will allow adding to core short position. as we have 4 numbers converging
.382 last move @ 8217
.5 from low (18th) @ 8208
1.272 @ 8217
AB=CD @ 8180
stop above 1.618 (8380)
Target 1 - 7980 Stop to entry
Target 2 - TDB
Target 3 - 2460
RR high, potential ab=cb structure to $2000 area
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