Dr_Gonzo
Long

Non Ideal Butterfly - Harmonic - BTC Hour

BTCE:BTCUSD   Bitcoin / Dollar
Non Ideal Butterfly
.68 Retracement of the XA
.63 Retracement of the AB (would've liked to see .886)
AB=CD Invalid
D Extreme extension near the 2.24 of the BC            
D = 1.27 of the XA
Convergence of the 2.24 & 1.27 = PRZ
RSI Oversold

Long Target 1 0.618 of the CD
Long Target 2 0.786 of the CD
Dr_Gonzo
a year ago
And this is why you set tight stops!
Reply
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