[ BITSTAMP ] - Bullish Butterfly

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Take this trade if comming candles are closing above 446 ( 1.272 extension of XA ) or are atleast not going lower than 442.
We are at a major support level here so a bounce is not unlikely anyway.
RSI extremely low aswell.
Target : 470

All in all a setup worth watching.
bullish-butterfly-turned-bearish-fly :D
ups :)
so, should we wait little longer or buy now. Can anyone tell me that please. Thank you.
wait for breakout to the top if you want to buy
HmPolash MagnusTradingGroup
Thank you for your advise.
Totally agree
I played this. Looks like it's working out so far! I'll short again from 470+
Is D not supposed to be between X and A for this pattern to be valid?
LifeIsABullTrap LifeIsABullTrap
Scuse me, i was confused with Gartley.
Let's see what China thinks of that. Last Bitstamp low is 443.5
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