BTCUSD Perpetual ContractGiá xuống
BEARISH PRESSURE ON BTC to 56,282.5 price
Cập nhật
Good afternoon traders,
Trust you are doing great.
Please find below my outlook on this cryptocurrency, BTCUSD.
Type: Emerging Bullish Gartley
Completion Point (D):
Projected at approximately 56,282.5
Consider short positions as the pattern approaches this level.
Potential Reversal Zone (PRZ):
Range: 56,282.50 to 56,036.69
I expect to close short trades within this zone, anticipating a bullish reversal.
Target Levels:
These are my potential targets
T1: 57,487
T2: 56,935
T3: 56,282.50
These are key Fibonacci levels for exiting trades as the price moves downwards.
Entry Criteria:
Though the trade is currently in play, as such this is a late analysis. But here was my thought line before the trade was triggered. I allowed the 60,298 price to be broken just to allow the market to show bearish commitment before entering short trades.
Stop loss:
The trade will be invalidate if price goes above leg A. However, because the trade is aggressively towards the D leg, 61,355 would be a decent SL position.
Cheers and happy trading!
Trust you are doing great.
Please find below my outlook on this cryptocurrency, BTCUSD.
Type: Emerging Bullish Gartley
Completion Point (D):
Projected at approximately 56,282.5
Consider short positions as the pattern approaches this level.
Potential Reversal Zone (PRZ):
Range: 56,282.50 to 56,036.69
I expect to close short trades within this zone, anticipating a bullish reversal.
Target Levels:
These are my potential targets
T1: 57,487
T2: 56,935
T3: 56,282.50
These are key Fibonacci levels for exiting trades as the price moves downwards.
Entry Criteria:
Though the trade is currently in play, as such this is a late analysis. But here was my thought line before the trade was triggered. I allowed the 60,298 price to be broken just to allow the market to show bearish commitment before entering short trades.
Stop loss:
The trade will be invalidate if price goes above leg A. However, because the trade is aggressively towards the D leg, 61,355 would be a decent SL position.
Cheers and happy trading!
Ghi chú
This pair has done additional +114pip since this idea was shared, even though it was shared late.Ghi chú
This idea has delivered the entire pip projection, over +350pips
Đóng lệnh: đạt mục tiêu
Đóng lệnh: đạt mục tiêu
Done
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.