plancton0618

BTCUSDT Gartley Pattern complete 🦐

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT Gartley Pattern complete, and now the price can have a correction on 0.618 Fibonacci level.
According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • πŸ”΄ Red structure -> Weekly structure.
  • πŸ”΅ Blue structure -> Daily structure.
  • 🟑 Yellow structure -> 4h structure.
  • ⚫️ Black structure -> >4h structure.


Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
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Comments

Interesting idea, thank you for sharing!
+1 Reply
@Tolberti, thanks buddy πŸ”₯πŸš€
Reply
Fantastic !!
+1 Reply
plancton0618 smart4trade
@smart4trade, thanks thanks thanks 🍿πŸ”₯πŸš€πŸ¦
Reply
Hi. I really like your ideas and I find them very useful. I have a question though: why did you choose that candle for the "X" point and not green one from it`s left? That one printed a higher high. Thank you very much and keep up the good work!
+1 Reply
plancton0618 tudorache1987
@tudorache1987, thanks for your feedback! The impulse starts from that candle (red one). Do you agree? 🦐
Reply
tudorache1987 plancton0618
@plancton0618, Yes, that is true, but the green candle forms a fractal. I try to find some rule, so I can find the right place to start this patterns. Because if you start the pattern from the red candle it forms a Gatley, but if you start it from the green one it forms a Bat. It`s confusing :)
+1 Reply
plancton0618 tudorache1987
@tudorache1987, Do you mean this candle?
Reply
tudorache1987 plancton0618
@plancton0618, Yes. If you choose that candle, the AB leg will not reach the 61.8 Retracement and thus it becomes a Bat Pattern.
+1 Reply
plancton0618 tudorache1987
@tudorache1987, Yes, it's legit. I choose that candle because the impulse is very clear
Reply
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