Playing a quick drop for BTC

Already in a hedge since 6677 would add more if price trade above 6460.

Resistance zone at 6371 so far is acting as a strong resistance.

Possible short squeeze to clear short sellers.

5 wave Elliot Count

Shall add to shorts once it goes to 6460 which lead to a rising wedge drop.

Trade Setup
Type: Short
Entry: 6460
Stop Loss: 6586
Take Profit: 6200
Risk Reward: 2.2

Trade geschlossen: Stop wurde erreicht:

Stopped out

Broke above the 200 EMA shall wait for next setup.