ETC/BTC Bullish Crab

10 Ağu 2016

After the harmonic pattern has completed at the 1.618 retracement and RSI oversold we are looking for a Type 1 reaction to target 1.

11 Ağu 2016

İşlem aktif

My buy stop order was triggered at 0.00278 and looks like we hare having a nice Type 1 reaction here.

Entry: 0.0028 BTC
Stop Loss: 0.0026 BTC (Please note I have moved my stop loss up to break even and this is a free trade.
Target:1 0.0036 BTC
Target: 2 0.00416 BTC

I will watch price action and will exit the trade if trend line support is broken.

11 Ağu 2016

İşlem aktif

12 Ağu 2016

İşlem kapandı: hedefe ulaştı

Target 1 has been reached and 1/2 my position has been closed. According to my trade plan I have moved up my stop loss and will let the other half ride.

12 Ağu 2016

İşlem aktif

I have decided to abandon this harmonic and go with a Gartley. This one is nice.