Bearish Gartley on Bitcoin 1H

Nov 28, 2018

BTC completed a bearish gartley on the 1H and looking to take 1st target at 38.2 retracement and 2nd target at 61.8 level.

Reason for entry:
Bearish Gartley Pattern
Bearish Divergence on RSI
Price rejection at the top of Bolinger Bands

Nov 29, 2018

Trade active

Stop loss for this trade at 1.31 ext from X to A

Second chance entry:
Double top
Bearish Divergence on RSI

Nov 30, 2018

Trade active

Both targets hit. Leaving 10% of initial lot with trailing stop

Nov 30, 2018

Note

Stop loss was meant to be 1.13 not 1.31

Nov 30, 2018

Note

Nov 30, 2018

Note

Fib retracement levels were taken from leg A of Gartley to the highest point of the D leg.