DanLaffas

Potential Bat Forming - H4 Bitfinex

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I've taken a long position with the C point entering my target range of 0.786-0.886 of AB leg (entry at 310.50). A short stop loss is set below point A (306) at which point the pattern would be invalid, and profit target is at the anticipated point D which is set at 0.886 of the XA leg (334).