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BTCUSD Bearish Shark And Short Opportuntity

Update: TP2 Reached

BTCUSD Bearish Shark And Short Opportuntity

Description: Bitcoin/USD completed a Bearish Shark harmonic pattern. Beairsh reversal is predicted.

Time Frame: H4

Trade Period: Intraday / Midterm

The trend in the Timeframe: Bullish

The trend in the Daily Chart: Bearish

Trade Based On Bearish Shark Pattern

Accuracy: %82

Recommended Lot Size: 0.05 at 10K

Trade: Short

The Area Of The Entry: 4277

Stop Loss: Above X 4550

Target 1: 4110 / TP1 Reached

Target 2: 3700 / TP2 Reached

Target 3: 3300

Good Luck

You can view the setup: BTCUSD Bearish Shark 

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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

BTCUSD Bearish Shark: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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