moon333

Will BTC follow the Gartley pattern???

Long
moon333 Aggiornato   
BITFINEX:BTCUSD   Bitcoin
Hi guys: On broader view weekly chart the BTC is likely to follow the Gartley pattern soon, the price line dropped between 0.618 to 0.786 fibonacci retracement of X to A legs defined by famous pattern recognition tool the zigzag this is the 1st formation required for gartley, now there are chances that the candles would move here sideways or move up soon. If the price moves up between 0.618 fib retracement of A to B leg to previous top which is A leg then we will have second confirmation of Gartley and it will be easy to exit at right time before fall. The macd is also bullish but again it all depends on formation of C leg. Hope BTC will perform well at year end like it does
at the end of every year insha Allah.

Regards,
Atif Akbar (Moon333)
Trade chiuso manualmente:
I have posted the idea showing the strong support of gartley and buying and sell zones plz follow the new one

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