BitcoinUpdated BTC - Potential Bullish Shark Entry
A 2% Risk set up I'm considering due to the price consolidating at the 1.13 / 1.618 of a Bullish Shark Pattern.
Target is a 50% retrace of C-D leg around $11,200
- Low chance of this playing out with little to no bullish divergence.
- C-point should not go higher than 1.618 ext.
- Using Candle closes on the Day Chart the C-point closed at 1.414 ext.
*Not Financial Advice*
Target is a 50% retrace of C-D leg around $11,200
- Low chance of this playing out with little to no bullish divergence.
- C-point should not go higher than 1.618 ext.
- Using Candle closes on the Day Chart the C-point closed at 1.414 ext.
*Not Financial Advice*
Note
Scratch that.Note
I was Stopped out immediately after posting this. I reentered at 9143 with a tight stop at 8988Trade closed: target reached
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