16.27 daily lows will be broken

Morning everybody,

So, market is so weak that was not able to show even minor 0.618 AB-CD action back to 17-17.10K resistance area that we've discussed last time. Now we're getting more and more bearish signs on FX market, DXY. Thus, it seems that BTC will take out daily 16.27K lows very soon.

Despite that we have here "222" Buy pattern - we do not consider any long position, but use any upside bounce for short entry instead.