TheForexSamurai

H1 - Bracketing BTC with long and short trade opportunity...

COINBASE:BTCUSD   Bitcoin
Setups, as seen in the chart. A short trade for the potential bear bat pattern and long trade for the modified Gartley pattern. My personal bias for BTC is bearish. Trade with care.

Legends:

Blue line: Aggressive entry order
Gray Zone: Potential Reversal Zone (PRZ) - zone of interest to look for a trade (w4c)
Red line: Stop-loss order
Green line: Target profits
Red dash line: Setup point of ruin (POR)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.