BCPTETH shows formation of Bearish Gartley Pattern (Red in color)
After reaching above 618 retracement of AB leg, it is expected to fall to 127 extension of AB leg.
This 127 extension also shows previous structure support in this area.
While 886 retracement of previous longest leg also falls on 127 extension which creates another ratio confluence.
BCPTETH pairs shows new Gartley pattern followed by recently completed Gartley pattern.
Price expected to go to 127 extension with new Gartley pattern which also turns out to be 786 retracement of final leg of past Gartely pattern
Sell Target - 0.000953 eth
I apologize to post historical data and claim my entries. I take these crypto trades on the fly via mobile and its impossible for me to post the idea appropriately.
On this trade I did well. Notice the daily stochastic, 4 hour RSI and price action supported another push up to the high. But I did made one foolish mistake that cost me. I did not set a limit sell...