Bearish Gartley on Bitcoin 1H

28. Nov. 2018

BTC completed a bearish gartley on the 1H and looking to take 1st target at 38.2 retracement and 2nd target at 61.8 level.

Reason for entry:
Bearish Gartley Pattern
Bearish Divergence on RSI
Price rejection at the top of Bolinger Bands

29. Nov. 2018

Trade ist aktiv

Stop loss for this trade at 1.31 ext from X to A

Second chance entry:
Double top
Bearish Divergence on RSI

30. Nov. 2018

Trade ist aktiv

Both targets hit. Leaving 10% of initial lot with trailing stop

30. Nov. 2018

Anmerkung

Stop loss was meant to be 1.13 not 1.31

30. Nov. 2018

Anmerkung

30. Nov. 2018

Anmerkung

Fib retracement levels were taken from leg A of Gartley to the highest point of the D leg.