Butcher_of_Bitmex

'Potential' Bullish Fractal Forming

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COINBASE:BTCUSD   Bitcoin
There is a potential bullish (90% of the time) fractal forming. Pretty early to call; but we shall see. Marked as neutral, as there is a short leg first down to 9350.
Komen:
Same shape, slightly off. Invalid if we fall through the green line.
Komen:
Optional path which goes a bit lower; is probably more likely
Komen:
Now that more of the structure has formed, will create a new edit. Seeing a bounce up to the green line (probably via wick) before a subsequent drop.
Komen:
This is starting to look pretty good.
Komen:
This idea has been fairly spot on so far.
Komen:
Close to switching back to longs.
Penafian

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