Ended last Scenario with mild losses. Let's see hot this plays out. So we are heading to 5k as we have been heading for a long time. Although i thought 2 weeks ago that we take that 12k first. Well it aint gonna happen. This snapshot is from this current play that has beem played out so far pretty good as posted in twitter and discord about 11hrs ago. So it makes also possible that this will play out to the end also. And by end i mean this scenario, not bitcoins :)
So to open this up
Turqoise is the larger ABC structure guiding us down. A ended on 5860 (bitmex) and we are currently in B. Target for that turqoise B is 6850-7100 regions. From there starts the turqoise C down to 5k.
Orange waves are subwaves of the turqoise B. They are also ABC as all EW chartists know. And currently i see us orange B of turqoise B heading down to 6080-6200 levels. From there we start a real shortsqueeze to 6850-7100 regions and that is the point where i will accumulate my short position
Targets (in that order):
1. 6080-6200 ( I will enter long if this happens)
2. 6850-7100 (Moving to short)
3. 5000 ( Closing short at 5200) Not entering long immediately.