#BTC Fib Circle to find key levels using a corrective move..
#BTC at resistance. Still a short in my mind.. a couple of levels above possible target before turning.
Perusing old CMT presentations.. Fib Circles were used by some traders.
Taking the high of first 2021 april peak to 2021 june low
The Fib Levels you choose, retrofit to see if past lows and highs match : 1.618, 2.618, 3.618, 4.618, 5.236, 6, 6.382.
Of Interest the '6' Covid lows, 6.382 Dec 18 Low.
Can these be used to determine future turning points in the market and next Bull Tops?
Perusing old CMT presentations.. Fib Circles were used by some traders.
Taking the high of first 2021 april peak to 2021 june low
The Fib Levels you choose, retrofit to see if past lows and highs match : 1.618, 2.618, 3.618, 4.618, 5.236, 6, 6.382.
Of Interest the '6' Covid lows, 6.382 Dec 18 Low.
Can these be used to determine future turning points in the market and next Bull Tops?
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