BitcoinLong
Symmetrical Pattern Targets and Gartley forming
First of all, thanks to SmartTrader for pointing out the Gartley pattern he identified forming on the daily. Although we have different specific levels for the 5 points, the potential reversal zone is close to the same. It also lines up nicely with the zone for our target #1 from the Symmetrical Triangle pattern. We would expect price to continue on it's bullish tear until at least $440-$450 where we could see a deeper retrace at the Gartley completion.
For more on Gartleys and how to trade them, check this out:
trade-forex-harmonic-patterns.com/harmonic-gartley-pattern.html
For more on Gartleys and how to trade them, check this out:
trade-forex-harmonic-patterns.com/harmonic-gartley-pattern.html
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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.
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.