gregotsw

BTC/USD Butterfly pattern drawing

Short
gregotsw Updated   
BITFINEX:BTCUSD   Bitcoin
Check my previous idea Leonardo Pattern, where we made all targets done, and for now we are in uptrend.... But - Butterfly pattern is drawing now on BTC/USD, If price hit 15927$ or round level 16k$ we can see targets: 13040$ and 11604$.

Wait for trend change candle, or other signal in D point to get short position.

Trade active:
Formation confirmed. We can get short position now or wait for possible retest 127,2 fibo.
Trade closed manually:
4th retest is always bad sign. I closed my trade in that moment.
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