-Crossing in the 7 day and 21 day moving averages show more downward move to the 77 day moving average. Breakout at point of cross over.
-Volume indicates decreasing selling support and accumulative kind of format.
-Expect a move down to 0.00583808 at which point trade should be active.
-1st target at 38.20 fib level
-2nd target at 61.80 fib level
-An aggressive stop loss at 1:1 of the 1st target.
Now lets watch and see. I would love to see your comments and thoughts bellow thanks.
P.S. Use information for educational purposes, as should not be seen as investment advise.
-Volume indicates decreasing selling support and accumulative kind of format.
-Expect a move down to 0.00583808 at which point trade should be active.
-1st target at 38.20 fib level
-2nd target at 61.80 fib level
-An aggressive stop loss at 1:1 of the 1st target.
Now lets watch and see. I would love to see your comments and thoughts bellow thanks.
P.S. Use information for educational purposes, as should not be seen as investment advise.
Comment:
Entry not achieved but first Target hit successfully. Bat Harmonic Pattern needs more work.
Order cancelled
