BTC Gartley in formation? Long

Bitcoin / United States DollarCoinbase

Description

⋅ Jul 15, 2019 2:28 AM

The move CD should be an extension of 1.13 to 1.618 of AB.
Point D should be a 0.786 retracement of XA.

Which perfectly match with the well established support at 8900-9300.

If this play out, it would be a nice opportunity to go long.

Gartley Chart Patterns

Comments

Ricka1

⋅ Jul 18, 2019 9:29 PM

I agree.. but this morning's short squeeze of $1000 and up move made it go outside the triangle towards D. I had to stretch D further in order to fit it.