Ashwini02

BTCUSD - Small Short Opportunity - AltBatPattern Complete

Short
Ashwini02 Mis à jour   
BITFINEX:BTCUSD   Bitcoin
BTCUSD - Small Short Opportunity - AltBatPattern Complete
Alt bat pattern is completed at 113 extension.
RSI and Macd showing bearish divergence , looking for a minimum of 38.2% retracement .
Trade fermée: cible de profit atteinte:
First target, achieved 38.2% retracement
Trade fermée: cible de profit atteinte:
Second target og 50% achieved
Trade fermée: cible de profit atteinte:
Third Target, 61.8% retracement achieved.
Now looking for Cypher pattern to complete at 78.6%
If cypher completes at 78.6% retracement then we may see a rally up due to exhaustion of bear action. Or it may just go lower without respecting 78.6 or 88.6 levels, interesting to see this.


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