Bearish Gartley completing within my Supply Zone for the BTCUSD.
It coincides with 4000 psychological level and also completes AB=CD.
Have many reasons to take this level for a shorting opportunities.
For added confirmation, can look for RSI Overbought and reversal candles.
SL: 4018
TP1: 3975
Tp2: 3939
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It coincides with 4000 psychological level and also completes AB=CD.
Have many reasons to take this level for a shorting opportunities.
For added confirmation, can look for RSI Overbought and reversal candles.
SL: 4018
TP1: 3975
Tp2: 3939
Do like and share this post. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
Trade closed: target reached
Trade Hit TP1 and level was broken. Price broke and closed above previous high on the H1 time frame and I see potential upside to the 4100 area before hitting a major Supply Level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.