I was just having a gander at this darn BTC chart and it hit me this is a perfect looking bearish gartley...
I'm not saying that it will react to this pattern.. but probably a good level to take some off the table in case it plays out!.
This pattern would call for a downturn after D with price falling somewhere between points B (9350) and A (8600). If we consider our trend line we can have a target around 9050.
Stay on your Toes!
I'm not saying that it will react to this pattern.. but probably a good level to take some off the table in case it plays out!.
This pattern would call for a downturn after D with price falling somewhere between points B (9350) and A (8600). If we consider our trend line we can have a target around 9050.
Stay on your Toes!
Comment:
Forming a tight triangle on the 5 min... expect volatility soon, up or down.
