weslad
Long

2 in 1 bullish setup found on Bitcoin

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hey guys,

Let me start by congratulating those that follow my last BTC post by now all our long position must have been well protected.

Yeah, before you start calling me names, I'm only sharing what I found and saw on my chart, although fact remain the situation we are right now is not looking friendly generally for financial market across the world.

As I was playing through my chart I discovered BTC seems to be playing within this serious BULLISH setups.

The first setup is about HARMONIC formation which can be either Gartely or BAt but closely looking at its no doubt this is Bullish setup.

Second pattern observed is Descending broadening wedge pattern which is hugely bullish in nature.

I will want you guys to do have a details look on them instead of calling me names.

I did not say its time for lamboo but this is crypto market anything can happen and its better we all be prepared.
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Thank you.


Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.
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Trade closed: target reached: Hit first set target on the chart
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Trade closed: target reached: This idea will be updated today, we hit our immediate target zone.
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Comments

The money this guys saved me..... Oh my god
+1 Reply
weslad wannabuymymumahouse
@wannabuymymumahouse, thank you brother for your kind comment
Reply
Thanks weslad.And this is my latest idea.


Good Luck
+1 Reply
weslad sirous41533
@sirous41533, i like this your idea
Reply
ProjectSyndicate sirous41533
@sirous41533, this is a nice setup. thank you!
Reply
SkyRockSignals sirous41533
@sirous41533, What is the first indicator of your list and how you implement it here ?

P.S.
Nice chart and idea
Reply
sirous41533 SkyRockSignals
@SkyRockSignals, It, RSI.Like other indicator you can implement it here.
Reply
wow Perfect
Reply
What is your stop loss please
Reply
weslad Queen_B
@Queen_B, its in profit already
Reply
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