The harmonic pattern as form, all points have met the criteria for the setup.
The last leg of Eth's impulsive move has gone on for 12+ days now
adding confluence of bullish exhaustion. Selling for a sell setup within the
blue lines targeting TP1 and TP2 respectively (denoted by the green lines)
The pullback would be good for further bullish continuation
The last leg of Eth's impulsive move has gone on for 12+ days now
adding confluence of bullish exhaustion. Selling for a sell setup within the
blue lines targeting TP1 and TP2 respectively (denoted by the green lines)
The pullback would be good for further bullish continuation
Note
Invalidation level - HTF close above $3600Note
Still flat position wise, patience.Note
Average Entry $3110 (75% of Position filled)Trade active
Hedged at $3189Trade active
Closed Hedge at $3117.Trade either plays out or HTF close above $3300 forces me to manually close
out the trade
Trade closed: stop reached
Stop reached, the market clearly want's higher still keeping this idea open as there is a harmonic setup on Bitcoin. Will be monitoring closely for weakness
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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.