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BTCUSD Bullish Alt Bat and Long Opportunity Target Reached: 150 Pips

BTCUSD Bullish Alt Bat and Long Opportunity

Rate: BITFINEX

Description: Chartreaderpro found a potential Bullish Alt Bat pattern formation on H1 Chart Timeframe. Potential bullish reversal is predicted at D.

Trade Period: Intraday Trading

Pair / Instrument: BTCUSD

Time Frame: H1

The trend in the Timeframe: Bearish

The trend in the Daily Chart:  Neutral

Trade Based On: Bullish Alt Bat Harmonic Pattern

Accuracy: %83

Recommended Lot Size: 0.05@ 10 K Account with 1:100 Leverage

Trade:  Long

The Area Of The Entry: 6360 – 6340

Stop Loss: Below 63000

Target 1: 6400

Target 2: 6440

Target 3: 6512

You can follow the setup: BTCUSD Bullish Bat

What to pay attention:

Update: TP3 Reached Trade Closed. 150 pips

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Rules To Keep In Your Mind:  Trade Safe. Money  Management is the key to success in forex trading. Do not risk more than 1% of your account in each trade.

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

BTCUSD Bullish Alt Bat Formation: 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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