Bitcoin
Short

Bearish Gartley on Bitcoin 1H

Mis à jour
BTC completed a bearish gartley on the 1H and looking to take 1st target at 38.2 retracement and 2nd target at 61.8 level.

Reason for entry:
Bearish Gartley Pattern
Bearish Divergence on RSI
Price rejection at the top of Bolinger Bands
Transaction en cours
Stop loss for this trade at 1.31 ext from X to A

Second chance entry:
Double top
Bearish Divergence on RSI
Transaction en cours
Both targets hit. Leaving 10% of initial lot with trailing stop
Note
Stop loss was meant to be 1.13 not 1.31
Note
snapshot
Note
Fib retracement levels were taken from leg A of Gartley to the highest point of the D leg.
Bearish GartleyChart Patterns

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