BitcoinAtualizado BTCUSD - Consolidating & Entry Plan
Current situation:
I can see two patterns in H1 chart. Triangle and harmonic pattern. I don't know what is the name for that pattern but I use 78.6% at target for Point D.
Short Term Trend: Consolidate
Mid Term Trend: Bullish
Trade Plan:
Go long if break triangle. Possible pattern if not break triangle is TRIPLE TOP.
Get ready to long when it reach Point D of harmonic pattern.
Put SL is a must for good MM.
I can see two patterns in H1 chart. Triangle and harmonic pattern. I don't know what is the name for that pattern but I use 78.6% at target for Point D.
Short Term Trend: Consolidate
Mid Term Trend: Bullish
Trade Plan:
Go long if break triangle. Possible pattern if not break triangle is TRIPLE TOP.
Get ready to long when it reach Point D of harmonic pattern.
Put SL is a must for good MM.
Nota
As BTCUSD breakdown the triangle. Triangle pattern is invalid now.As suggested by Menhdez, the pattern is bat. So the latest chart is as follows:
Happy trading.
Nota
Pattern Update : Possibility to become Gartley.
Bitcoin move in channel. Possible to breakout.
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.
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.