BCH/USD 4H ...Bearish Gartley Pattern will complete higher .
Updated
Hello guys ,
Bitcoins cash /dollar as the price moves up to complete the pattern " Bearish Gartley " between 500 $,530$ .BCH/USD has a really big buying opportunity for long time as we can look 4H time frame.
our structure :
1- First proof there was break out last period and simple retest
2- Buying now 319
3- target "tp1 ,tp2 ,tp3 ,tp4 " main target 550 $ / complete D level .
4- if we have false breakout so our stop loss 280$ " failure pattern "
Bitcoins cash /dollar as the price moves up to complete the pattern " Bearish Gartley " between 500 $,530$ .BCH/USD has a really big buying opportunity for long time as we can look 4H time frame.
our structure :
1- First proof there was break out last period and simple retest
2- Buying now 319
3- target "tp1 ,tp2 ,tp3 ,tp4 " main target 550 $ / complete D level .
4- if we have false breakout so our stop loss 280$ " failure pattern "
Note
UPDATING !There is mistake , its pattern not bearish Gartley . " Bearish Butterfly "
we will update this analysis as soon as when complete this pattern.
Lets see what happens......
Trade active
UPDATING !Bitcoin Cash has increased perfectly to our profit target as expected Tp1/Tp2/Tp3/Tp4 . We prepare to buy more quantities to reach TP5 550 $ " waiting to complete this pattern D
Trade closed: target reached
Congrats to all who took this trade! We hit main target 550 $
Good luck
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