Short

Fibonacci Trading And Price Action

Updated

A Fibonacci price cluster setup and resistance, my short trade setup.
I find Fibonacci and support resistance working on any market with sufficient data.
My kids don't have a BTC/USD setup for the weekend so they don't get bored.

Trade closed manually

I don't think Fibonacci price clusters and support and resistance are so highly respected for bitcoin.
My kids are not at home and I decided to set up on BTCUSD to make trades less boring.
Thank you market, I have had money to drink coffee this week and also for my friends.

Note

The settings are still valid, right? I look and see that the price will stay stuck in the area I am currently setting up for quite some time. There is not enough news to push the price up or down strongly. The last two weeks trading with bitcoin for profit is still the purest of the trading products I know.

Persephone_AM

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