Hi everyone, this is my idea on BTCUSD. There are 2 possible outcomes, one is breaking down and one is breaking up. It is a bad idea to enter right now as we are not sure of where is it going to head to so it is better to stay out till we get a break out and a retest. If it breaks down, I have already plotted a good take profit if you short or if you're a conservative trader you can stay out and wait for a cheaper price to buy. Sometimes it is not good to short at this market because it is still a bull market.
