I notice price is in a bullish trend on the daily and 30minute . I’m looking for entry’s at 49,674 Target 51.9k I’m hoping price puts in a Higher high and pushes to target .
This is an idea to take into consideration BTC is just over 500 dollars away from a bearish crab completion at D leg of this hormonic move
STANDING BY FOR D LEG COMPLETION ON BTC FOR A BEARISH CRAB JUST OVER 500 dollars away.
I BELIVE WE WILL SEE A BULLISH CYPHER PATTERN PLAYOUT THIS WEEK AROUND 1.2670 THAT SUPPORT IS ALSO 78 RETRACEMENT AND THE D LEG OF THE PATTERN WERE I WANT TO BUY. I HAVE STOPS UNDER THE X LEG OF THE MOVE 1.2470 (198) PIPS THIS IS A SWING TRADE OFF THE DAILY COULD OFFER SOME INTRA DAY TRADING IN THE DAYS TO COME AS WELL! I HAVE TP:1.2823 (155) PIPS TP2:1.2974...
GU IS FORMING A BULLISH CYPHER PATTERN ITS STILL AROUND A 100 PIPS AWAY FROM COMPLETION OF THE D LEG AT THE 78.6 RETRACEMENT. IT IS A GOOD POSSIBLE SETUP TO BE ON THE LOOKOUT FOR GOING INTO THE NEW WEEK IF THE D LEG COMPLETES.