BTC Bull gartley on 4h chart

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
A bull Gartley formed on the 4h chart for BTC .

It formed right at the support level of 7.520$. It is quite possible to see a short term retracement till the 8-9k area. Be aware it will be short lived!

Overall picture still bearish .
Levels to monitor for further pullbacks are:
- 7500
- 5300
- 3400
Trade closed: stop reached: Bounce didn't happen...see you at 5k
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