domavila
Long

ETC/BTC Bullish Crab

POLONIEX:ETCBTC   Ethereum Classic / Bitcoin
129 0 2
After the harmonic pattern has completed at the 1. 618 retracement and RSI oversold we are looking for a Type 1 reaction to target 1.
Trade active: My buy stop order was triggered at 0.00278 and looks like we hare having a nice Type 1 reaction here.

Entry: 0.0028 BTC
Stop Loss: 0.0026 BTC (Please note I have moved my stop loss up to break even and this is a free trade.
Target:1 0.0036 BTC
Target: 2 0.00416 BTC

I will watch price action and will exit the trade if trend line support is broken.
Trade active:
snapshot
Trade closed: target reached: Target 1 has been reached and 1/2 my position has been closed. According to my trade plan I have moved up my stop loss and will let the other half ride.
Trade active: I have decided to abandon this harmonic and go with a Gartley. This one is nice.
snapshot
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