Wait - Have We Been Here Before? - Fractal Idea
Updated
Idea entirely based off of the fractal above.
Extreme similarities between the two.
Based on the fractal my ideal entry should be just above $6000. This is just as long as support holds.
Final Target would be the 1.272 fib level.
Fractal becomes invalid if we were to make a lower low.
Wish you all the best of luck!
DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
Extreme similarities between the two.
Based on the fractal my ideal entry should be just above $6000. This is just as long as support holds.
Final Target would be the 1.272 fib level.
Fractal becomes invalid if we were to make a lower low.
Wish you all the best of luck!
DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
Trade active
Entry hit.Current stop/loss is a lower low
Trade closed: stop reached
and here we are. wishing that stop didnt hit lolNote
While things seem to be looking better, BTC is stuck in a very tight range.We either need a break above 6420, or below 6325 to escape it.
Creator of DepthHouse Indicators on TradingView!
↣ depthhouse.com/
↣ depthhouse.com/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.