BTC - triangle idea (w/ fib + SWING)
Updated
triangle idea, can go any way (up or down).
For the targets take a look at Fibonacci retracement!
For the targets take a look at Fibonacci retracement!
Comment
We are getting closer to our critical point!A uptrend seems to be more likely than a downtrend considering the EMA 50 support line holds it up from a few points right below the current price.
Trade active
Triangle worked out! Targets are most likely to be the Fib levels: 7880 - 7520.I hope you all took the trading opportunity!
Trade closed: target reached
We did not reach the full target but the idea worked out!We are going higher now again and I can see some future patterns working!
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