XBTUSD BTCUSD 1ST BUYING PATTERN OF A NEW BULL MARKET?
Updated
In H M Gartleys book his golden rule was to buy the first AB=CD correction in a new trend. BTC made nice gartley here so it "has" to be bought
if it fails will head down to form at least a butterfly at 1.1272
if it fails will head down to form at least a butterfly at 1.1272
Trade active
maybe BTC hasn't read the book? close to being stopped out here, will see in the morning.Trade active
look at previous retrace in this downleg, should get similar hereTrade active
very weak price action - falls almost 3000 $ it can barely muster a 600 point retrace, let alone a .382 dead cat bounce levelnot much interest in either buyers or sellers, such small volumes and market cap, pointless to trade
if 720 area doesn't hold then the higher low will probably get taken out pretty quickly and down to the 4xxx. Suck a few buyers in and then 1000K area
Trade closed: target reached
order triggered to closed all at 382
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