Bearish Gartley on Bitcoin 1H

28 lis 2018

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

29 lis 2018

Zlecenie aktywne

Stop loss for this trade at 1.31 ext from X to A

Second chance entry:
Double top
Bearish Divergence on RSI

30 lis 2018

Zlecenie aktywne

Both targets hit. Leaving 10% of initial lot with trailing stop

30 lis 2018

Uwaga

Stop loss was meant to be 1.13 not 1.31

30 lis 2018

Uwaga

30 lis 2018

Uwaga

Fib retracement levels were taken from leg A of Gartley to the highest point of the D leg.