moon333

BTCUSD forming bullish BAT | A long opportunity

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
The price action of Bitcoin / US Dollar is forming bullish BAT pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:


Buy between: 6947.6 to 6887.3

Sell between: 7090.4 to 7304.9

Enjoy your profits and regards,
Atif Akbar (moon333)
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.