Beautiful BITCOIN position
Hi, this is one of my current trades for Bitcoin. I really should have posted this a while ago so you could have got in at this perfect time as well, sorry guys! Oh well, here it is anyway.
As you can see, I bought in at 88.6% of CD off the completed bullish deep crab harmonic pattern after seeing a bullish continuation candlestick pattern.
My T1 (target 1) is a 32.8% retracement of CD and my T2 is a 61.8% retracement of CD.
Target 1 was hit and passed with ease so I took no action. Price is now heading towards target 2 but I’m very closely watching the major S&R zone in grey as price has bounced significantly from this area a few times in the past.
I'll update if anything changes - Happy trading!
**Don't take trades based purely on my ideas shared with you; I'm just providing an idea for people who are after some knowledge of what could happen. You should conduct your own analysis and research to build up your own predictions**
- Reiss
As you can see, I bought in at 88.6% of CD off the completed bullish deep crab harmonic pattern after seeing a bullish continuation candlestick pattern.
My T1 (target 1) is a 32.8% retracement of CD and my T2 is a 61.8% retracement of CD.
Target 1 was hit and passed with ease so I took no action. Price is now heading towards target 2 but I’m very closely watching the major S&R zone in grey as price has bounced significantly from this area a few times in the past.
I'll update if anything changes - Happy trading!
**Don't take trades based purely on my ideas shared with you; I'm just providing an idea for people who are after some knowledge of what could happen. You should conduct your own analysis and research to build up your own predictions**
- Reiss
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