BTCUSD forming bullish Gartley | A good long opportunity
Updated
Formation of bullish Gartley:
This time on very short term 2 hour based chart the price action of leading cryptocurrency Bitcoin is forming bullish harmonic Gartley pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Buy between: $7276.7 to $7245.9
Sell between: $7301 to $7359.5
Stop Loss:
The potential reversal zone area which is up to $7245.9 can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for short term traders not a long term idea; I will be keep posting more trading ideas.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
This time on very short term 2 hour based chart the price action of leading cryptocurrency Bitcoin is forming bullish harmonic Gartley pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Buy between: $7276.7 to $7245.9
Sell between: $7301 to $7359.5
Stop Loss:
The potential reversal zone area which is up to $7245.9 can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for short term traders not a long term idea; I will be keep posting more trading ideas.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
Trade closed: target reached
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