Price action of Bitcoin / US Dollar has formed a bullish gartley and entered in potential reversal zone. I have defined the targets using Fibonacci sequence as below:
@shayanrn, Yes dear coz the D leg is extended between 1.27 to 1.618 Fibonacci and formed a bullish butterfly pattern and already hit the sell zone accordingly to bullish butterfly therefore I would suggest if you have bought then you should take exit on even break price
shayanrn
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it doesnt need stop loss?? is scalp signal???
moon333
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@shayanrn, dear in harmonics the PRZ area or one ATR below is considered as stop loss, however different ppl have different stop loss strategies some use moving averages some use support and resistance e.t.c