XBTUSD

Nov 22, 2021

Harmonic pattern: - bullish butterfly pattern printed on 2H timeframe chart, good sign in bear trend but also we don't want to forget its bear trend, on yesterday's pullback i recognized its becoming stronger and i also don't think to miss this opportunity i will try with minimum risk, and keep attention on 1.618 fib extension level if bitcoin price 4H timeframe candle close below fib extension 1.618 level then pattern will be invalid, for good long entry point 56500 - 55700 area open partially order and take profits as per fib extension reversal points, don't worry i cross checked its perfect levels for take profits, best luck.