Silas Finch
Short

Bearish Gartley Setting up

BTCE:BTCUSD   Bitcoin / Dollar
251 4 0
Could be a bearish gartley setting up, I just don't like that there's really no structure at D, it makes me uneasy, well We'll see if it retraces at D
jago25_98
2 years ago
from experience in forex on these I found they rarely seem to go as far as you'd expect. definate move but often small and rarely big
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Silas Finch
2 years ago
I put structure as priority and then other technical analysis. If there are no structure where fib levels are, then I don't have a setup. Here, the pattern might be valid, but there is no structure at the fibs, so I'll wait to see this play out
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DeanGoncalves
2 years ago
Not sure how you guys chart this stuff (Im new to trading) thanks for the info...
Here is one chart that shares the same concern... different Indicator but same uneasy feeling..Getting close to the point of possible DROP..

Current descending triangle pattern shockingly similar +moons!
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Silas Finch DeanGoncalves
2 years ago
Im new to this stuff too, I try to follow the advice of those at tradempowered.com. Their ways of trading are easy to understand. They trade advanced patterns like this.
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