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betsy-ann
Jul 13, 2019 5:38 PM

BTCUSD 240 Forming ABCDE Retest .5 Long

Bitcoin / United States DollarCoinbase

Description

Hit my stop loss at 12,100 - watching for a reenter point. BTC is forming into a ABCDE contracting triangle. "C" is my target at this time which is a retest of .5 Fib 10,450 - 10,500. If this breaks down, I'm looking for the last S/R support at 9600 next.

Comment

ABCDE failed and now watching for Zigzag pattern to confirm.
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