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Very Nice Setup For Short Position on XBTUSD,BitMEX 1H Chart

By DVelichkov
Updated
Amazing Conjunction between Advanced Gartley Pattern, Fibs, ABCD Patern, Major Structure Level, RSI in Overbought condition All compiles in one place - 7120.., It would be interesting, don't you think ? :)
Trade active
Note
The market moved as we predicted, after a brief consolidation, the trade is open until we hit our Targets or if our Stop is triggered.
Trade closed: target reached
Target 1 was pulled back at taken at price 6828 where was form of Bullish divergence and Fib 0.382 retracement from the Double top impulse leg. Stops rolled back to breakeven.
Trade closed: stop reached
Chart PatternsfibfiboHarmonic PatternsTechnical Indicatorsmajorstructurersi_overboughtrsioverbought
DVelichkov

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