Bullish Alternate Bat: ETC/BTC pair/120 minute time frame

8 sie 2016

After price retested the PRZ and price held, combined with the possible triple bottom, I have taken a long position on the ETC/BTC pair, 120 minute timeframe on the Poloniex exchange.

I expect to see a Type 2 harmonic reaction here.

8 sie 2016

Uwaga

Position: Long
Entry: 0.0035 BTC
Stop Loss: 0.00332 BTC
Target 1: 0.00398
Target 2: 0.00437


Happy trading,

9 sie 2016

Zlecenie aktywne

Previous analysis of this pair can be found here.

9 sie 2016

Uwaga

It looks like price is retesting the lows in the PRZ for the fourth time. Lets see if the support holds and price rallies.
If support fails we can be expected to see new lows.

9 sie 2016

Uwaga

tradingview.com/chart/yaGqOis0/

9 sie 2016

Uwaga

9 sie 2016

Transakcja zakończona: osiągnięto poziom stop

I have been stopped out of this trade.

9 sie 2016

Uwaga

It looks like we got in the trade to early and it was a deeper harmonic at the 1.272 extension.