jackjamesholmes

BTCUSD - Bearish Gartley pattern forming - Long to D then short

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jackjamesholmes Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
BTCUSD

I previously posted a similar idea, I have now updated the position of C and feel more confident that price will rise to D before reversing on completion of the Gartley pattern. I am publishing this as a long trade, and the TP recommended is at D price level. I will update or add a separate idea to detail the short trade that I will favour if the Gartley pattern completes.
Kommentera:
Heading towards the plotted reversal point at D today... will watch for a reversal there before going short.
Kommentera:
D needs shifting to the right a bit but this is looking better and better. I will publish an idea for the related short position also.
Kommentera:
Hanging around the 17000 mark at the moment. Still looking good to achieve the target at D
Kommentera:
Losing confidence it will make it to D. Will put a stop loss at 15250 and let it run
Trade stängt manuellt:
Profit taken at SL 15250
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