BTC showing bullish short term signals
My analysis explained:
- The gartley pattern:
- Shows a .618 retracement of the B-leg
- C-leg between .618 and 1.0
- D-leg is at the .786 retracement of the A-leg so a bullish pivot is expected from here on.
- The RSI:
- Shows momentum for bullish pivot
- The longer trend:
- The wedge hasn't been broken yet
- There is a strong resistance from previous highs.
Feedback is welcome. Thanks
- The gartley pattern:
- Shows a .618 retracement of the B-leg
- C-leg between .618 and 1.0
- D-leg is at the .786 retracement of the A-leg so a bullish pivot is expected from here on.
- The RSI:
- Shows momentum for bullish pivot
- The longer trend:
- The wedge hasn't been broken yet
- There is a strong resistance from previous highs.
Feedback is welcome. Thanks
Nota
Stop loss triggerdWhat went wrong?
-should have used the low of the more recent previous structure. If I did that, it would have almost stopped out but didnt trigger it.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.