Bullish Alternate Bat: ETC/BTC pair/120 minute time frame

8 Ağu 2016

After price retested the PRZ and price held, combined with the possible triple bottom, I have taken a long position on the ETC/BTC pair, 120 minute timeframe on the Poloniex exchange.

I expect to see a Type 2 harmonic reaction here.

8 Ağu 2016

Not

Position: Long
Entry: 0.0035 BTC
Stop Loss: 0.00332 BTC
Target 1: 0.00398
Target 2: 0.00437


Happy trading,

9 Ağu 2016

İşlem aktif

Previous analysis of this pair can be found here.

9 Ağu 2016

Not

It looks like price is retesting the lows in the PRZ for the fourth time. Lets see if the support holds and price rallies.
If support fails we can be expected to see new lows.

9 Ağu 2016

Not

tradingview.com/chart/yaGqOis0/

9 Ağu 2016

Not

9 Ağu 2016

İşlem kapandı: durdurma seviyesi

I have been stopped out of this trade.

9 Ağu 2016

Not

It looks like we got in the trade to early and it was a deeper harmonic at the 1.272 extension.