Morning Update: I don't think this is going to work out. I reduced the short to half. Think it will be stopped out soon. Will have to reevalueate in the evening. The bulls are keeping BTC above the trendline, which is bullish...
Very difficult phase right now. Everything is still looking fine. But if BTC rises over night I will have to reconsider. But for now it looks like small wave one and wave two should lead us down overnight. SL remains 3972. Will only be a small loss if it fails.
Morning Update: I don't think this is going to work out. I reduced the short to half. Think it will be stopped out soon. Will have to reevalueate in the evening. The bulls are keeping BTC above the trendline, which is bullish...
Very difficult phase right now. Everything is still looking fine. But if BTC rises over night I will have to reconsider. But for now it looks like small wave one and wave two should lead us down overnight. SL remains 3972. Will only be a small loss if it fails.