Hey guys, Pepe Butterfly Gartley just hit the target low at (D).
Although a bullish gartley, we still have to make sure we dont lose the lowest low just put in. That would invalidate the pattern.
Fibs - bright numbers on the right are all valid resistance levels up until 0.618 to see lower! Would be good to clear 0.618 and monthly resistance for some strength in the uptrend.
Usually this pattern is bullish in terms that the price will retrace (up) to point A.
Down trend, given the big picture. We still may be in a downtrend to fulfill Wave 5!
At the moment very strong down trend, trade with caution as don't be only bullish. Look for rejections at 0.236, 0.5, and 0.618. Opening times more significant from now 1 hour 15 minutes time.
Although a bullish gartley, we still have to make sure we dont lose the lowest low just put in. That would invalidate the pattern.
Fibs - bright numbers on the right are all valid resistance levels up until 0.618 to see lower! Would be good to clear 0.618 and monthly resistance for some strength in the uptrend.
Usually this pattern is bullish in terms that the price will retrace (up) to point A.
Down trend, given the big picture. We still may be in a downtrend to fulfill Wave 5!
At the moment very strong down trend, trade with caution as don't be only bullish. Look for rejections at 0.236, 0.5, and 0.618. Opening times more significant from now 1 hour 15 minutes time.
Trade active
P.S. Time based Fib 1.618 :) The probable time for uptrend momentum :P Trade closed: target reached
P.S. Monthly POC BTC/USDT :) Hold!Note
Sorry Monthly Naked PoC :) Burning my flat down trying to trade and cook a steak :D .. Note
Invalidated. Update here: 
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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.