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Jnsane
Jan 13, 2019 10:37 PM

#BTC possible bullish BAT Pattern - Harmonic Patterns Long

Bitcoin / United States DollarCoinbase

Description

BTC will attempt this pattern as the fib 0.618 was broken and this midean line of pitchfork should be too.

Price should meet that box and beside harmonic pattern conclusion, confluence, we also have EMA 200 on weekly (purple horizontal line) as support, we may attempt a double bottom.

Target are green horizontal lines for this break down until conclusion of harmonic pattern, Closing below point X invalidates the pattern, which is where you should also have your stop (give if some points below) after entry.

Go #long on reversal !
Comments
Boon2
BTCUSD H4 Correction up. Checkout the idea detail's and all the update's for the complete picture!
NAVEDA_TRADING
Keep on Posting Good charts Mate , Good luck
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