BTCUSD - Small Short Opportunity - AltBatPattern Complete
Alt bat pattern is completed at 113 extension.
RSI and Macd showing bearish divergence , looking for a minimum of 38.2% retracement .
Alt bat pattern is completed at 113 extension.
RSI and Macd showing bearish divergence , looking for a minimum of 38.2% retracement .
Trade closed: target reached:
First target, achieved 38.2% retracement
Trade closed: target reached:
Second target og 50% achieved
Trade closed: target reached:
Third Target, 61.8% retracement achieved.
Now looking for Cypher pattern to complete at 78.6%
If cypher completes at 78.6% retracement then we may see a rally up due to exhaustion of bear action. Or it may just go lower without respecting 78.6 or 88.6 levels, interesting to see this.
Now looking for Cypher pattern to complete at 78.6%
If cypher completes at 78.6% retracement then we may see a rally up due to exhaustion of bear action. Or it may just go lower without respecting 78.6 or 88.6 levels, interesting to see this.