Monis

Bullish on the 4h chart but not broadly just yet.

Long
Monis Updated   
BITFINEX:BTCUSD   Bitcoin
BTC 4h Chart: I see a Gartley Bullish formation on the 4h chart on BTC. this is a short term development and does not change my overall stance on BTC. I am wrong ont his one if point X gives in. As long as the lows hold, this is a gartley bullish set up. First target will be $7323 whereas the second one will be point A at $7778.

Trade closed: stop reached:
X has now given in. Trade is stopped out.

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