Bitcoin is stuck in an ascending channel with a Gartley pattern
Updated
Hello traders,
Bitcoin clearly stuck in an ascending channel which indicates a short opportunity and it also formed a bearish Gartley pattern.
I want to try a short setup with a 5.91 Risk/Reward ratio. Why not trying than watching.
Let see.
Remember to set a mindful stop loss level!!!
Below I share my short setup,
Entry : 47.300
Stop loss : 48.500
TP1 : 41.500
TP2 : 31.000
I wish you all safe trades.
Bitcoin clearly stuck in an ascending channel which indicates a short opportunity and it also formed a bearish Gartley pattern.
I want to try a short setup with a 5.91 Risk/Reward ratio. Why not trying than watching.
Let see.
Remember to set a mindful stop loss level!!!
Below I share my short setup,
Entry : 47.300
Stop loss : 48.500
TP1 : 41.500
TP2 : 31.000
I wish you all safe trades.
Trade active
First TP level is received. I took my profits. Chart still seems bearish and going to keep my position.
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