Kvalentine

Kvalentine

Just looking at BTC, price action follows the .618 retrace followed by a 1.13 extension previous High/low. Previous high reversed @ .618 of 2018 High/low. Since price has broken through the current zone it will be interesting to see a reversal attempt around 11k. if so, we could see price fall to 5k or lower to complete Gartley.

Kvalentine

Great risk to reward trade. Target 1 = .381, Target 2 = .618. with stops 10 under previous low. Could always wait for directional confirmation on a lower timeframe and place stops under current low.

Kvalentine

Bearish cypher pattern that could trigger a test of 108.50. RR is 10 above the high with a target of .618 C:D