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BTC/USD Short with 5.4 R/R - possible SFP in play

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Dear Traders all around the world

Today we're taking a look at BTC/USD. If you like my work, feel free to like & subscribe. I'm always interested in your opinions, so leave a comment down below!

We're finally taking out our 19th January high at $3784. As shown in the chart, we have a nice symmetrical triangle. Current trendline-top could match with a possible SFP (Swing-failure-pattern). Therefore, I'm considering to short BTC/USD, while mainly targetting for $3220-3250. If we manage to close our daily candle above $3870-3890, this get's invalidated.

Letting PA develop before taking any further action. Updates following.

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