BITCOIN vs Harmonic vs what i think
Hi Guys
Play at your own risk if you find it interesting. im not responsible your loss or gain because of this
Please let me know what you think of my idea. Good or bad all comments welcome please.
Found few harmonic patterns. ( I know its a mess)
here is what i noticed.
In my opinion i think its best to target the C-D leg of the pattern Instead of waiting for the pattern to complete and target the bouncing fib levels. Usually BITCOIN tend to go pass the D point target and liquidate your position. and sometimes come little short to the D target.
Its BITCOIN. it rarely respects anything. So for the patterns books says you need a precise B point or C point (EX - Butterfly B point (786 fib) , Deep Crab B point (886 fib) allow little room to move.
Play at your own risk if you find it interesting. im not responsible your loss or gain because of this
Please let me know what you think of my idea. Good or bad all comments welcome please.
Found few harmonic patterns. ( I know its a mess)
here is what i noticed.
In my opinion i think its best to target the C-D leg of the pattern Instead of waiting for the pattern to complete and target the bouncing fib levels. Usually BITCOIN tend to go pass the D point target and liquidate your position. and sometimes come little short to the D target.
Its BITCOIN. it rarely respects anything. So for the patterns books says you need a precise B point or C point (EX - Butterfly B point (786 fib) , Deep Crab B point (886 fib) allow little room to move.
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