capsule91

Gartley on the BTChouse!

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
COINBASE:BTCUSD BITSTAMP:BTCUSD BITFINEX:BTCUSD OKCOIN:BTCUSD
A bearish gartley on the back of a bullish momentum price divergence..
This is a good opportunity to trade..., may trigger a breakout, although the bulls are too weak for the bears in the short term
Comment: the green trendline breakout will be the backbone to the success of this structure..
trade should be initiated there for a good risk to reward ratio!
Comment: almost there
Trade closed: target reached: beautifully done.. now reassessing for a short