Hi,
BTC hitted the 0.618 of the last rising wave.
I'm long at $11.500, took some profit at $14.500 and i'm waiting a higher retracement (between 0.618 / 0.707) inside this likely flag.
Then, last wave down to complete the CD leg of a likely gartley + 0.618 of the wave from the low of March to December high + previous strucure.
Price of completion around $8500 - $8000
Need a lot of confirmation to trade this pattern (at least the C point)
BTC hitted the 0.618 of the last rising wave.
I'm long at $11.500, took some profit at $14.500 and i'm waiting a higher retracement (between 0.618 / 0.707) inside this likely flag.
Then, last wave down to complete the CD leg of a likely gartley + 0.618 of the wave from the low of March to December high + previous strucure.
Price of completion around $8500 - $8000
Need a lot of confirmation to trade this pattern (at least the C point)
Kommentera:
H4 Gartley completed.
Closed last position from long 11.500 at $16.430 and short.
First TP $14.500.
We could see higher prices then to complete another gartley on Higher TF around $18.000
Closed last position from long 11.500 at $16.430 and short.
First TP $14.500.
We could see higher prices then to complete another gartley on Higher TF around $18.000
Kommentera:
Another option - Bullish 121 around $13200
Kommentera:
Closed 50% of 16.430 short at $14.300 SL at $16.000
From now, BTC can drop to $7900 to complete the daily bullish Gartley + AB=CD.
Or go up to $17.900 to complete the H4 bearish gartley (see previous comment) and then the likely drop to $7900.
From now, BTC can drop to $7900 to complete the daily bullish Gartley + AB=CD.
Or go up to $17.900 to complete the H4 bearish gartley (see previous comment) and then the likely drop to $7900.
Kommentera:
Closed last 50% at $14.000
Kommentera:
My pending order at 17700 was not triggered.
Tiny short opened below $15.500 few days ago.
Target unchanged -> $8000 zone.
Max target : $7400 - 1.618 ext BC
Tiny short opened below $15.500 few days ago.
Target unchanged -> $8000 zone.
Max target : $7400 - 1.618 ext BC
Kommentera:
Moved my trading account from Kraken to Bitmex (better tools and, most of all, better liquidity)
Pending Buy order at $7500.
Pending Buy order at $7500.
Kommentera:
Not sure about the initial setup (especially retracements -> these new ones are maybe the best one, confluence of both wave retracement 0.618 & 0.707 - see chart)
Booked profit / Closed short at $10.100. Profit is Profit, not too greedy.
Maybe a retracement to 12.7K or 15K
Sorry my followers for this U-turn, but when i doubt on my strategy, i prefer to cash out and to wait. Ethereum found support on Weekly kijun, some alts are recovering....
Out of market.
Booked profit / Closed short at $10.100. Profit is Profit, not too greedy.
Maybe a retracement to 12.7K or 15K
Sorry my followers for this U-turn, but when i doubt on my strategy, i prefer to cash out and to wait. Ethereum found support on Weekly kijun, some alts are recovering....
Out of market.
Kommentera:
In PRZ. Long triggered at $8600
Kommentera:
Updated idea here :
NB : i use Kraken feed because all my trades are on their platform.
I've refined the descending channel / Bearish flag in progress