FTTUSDT: Binance | Bearish Harmonic Patterns detected in LTF
Few moments back I noticed Bullish Harmonic Pattern in 4H time frame which I have shared here already.
You can check that out here.
https://in(.)tradingview(.)com/chart/FTTUSD/JzgcmoGS-FTTUSD-Bullish-Crab-Detected/| Remove brackets to get link
Anyways let's continue this idea.
I have noticed Anti Nen Star as well as Cypher patterns in 1H time frame so I have opened short position here with below mentioned Entry, TP, and Stop Loss to scalp.
Pattern 1: Anti Nen Star: SHORT
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Entry: 24.919
Take Profit: 24.64, 23.96, 23, 22.93
Stop Loss: 25.198
Pattern 2: Cypher: SHORT
----------------------------
Entry: 24.919
Take Profits: 24.43, 23.75, 22.93
Stop Loss: 25.408
Note: Once Take Profit 1 gets flipped i.e. becomes resistance I would move SL at entry and ride the trade.
You can check that out here.
https://in(.)tradingview(.)com/chart/FTTUSD/JzgcmoGS-FTTUSD-Bullish-Crab-Detected/| Remove brackets to get link
Anyways let's continue this idea.
I have noticed Anti Nen Star as well as Cypher patterns in 1H time frame so I have opened short position here with below mentioned Entry, TP, and Stop Loss to scalp.
Pattern 1: Anti Nen Star: SHORT
----------------------------
Entry: 24.919
Take Profit: 24.64, 23.96, 23, 22.93
Stop Loss: 25.198
Pattern 2: Cypher: SHORT
----------------------------
Entry: 24.919
Take Profits: 24.43, 23.75, 22.93
Stop Loss: 25.408
Note: Once Take Profit 1 gets flipped i.e. becomes resistance I would move SL at entry and ride the trade.
Trade closed: stop reached