BTCUSD - Consolidating & Entry Plan

2017年11月18日

Current situation:
I can see two patterns in H1 chart. Triangle and harmonic pattern. I don't know what is the name for that pattern but I use 78.6% at target for Point D.
Short Term Trend: Consolidate
Mid Term Trend: Bullish

Trade Plan:
Go long if break triangle. Possible pattern if not break triangle is TRIPLE TOP.
Get ready to long when it reach Point D of harmonic pattern.
Put SL is a must for good MM.

2017年11月18日

註釋

As BTCUSD breakdown the triangle. Triangle pattern is invalid now.
As suggested by Menhdez, the pattern is bat. So the latest chart is as follows:



Happy trading.

2017年11月18日

註釋

Pattern Update :
Possibility to become Gartley.
Bitcoin move in channel. Possible to breakout.