Posting for tracking purposes, will elaborate if I get time or if it starts to come to fruition. My original expanded flat is invalid now, however I am still tracking it in BTCUSD.
Trade active
I call that a hit on the 100% fib, although I will leave this trade open for possible further correction. Beware, below $543 and I believe further downtrend is to come.Note
Tapped the 1.618 fib on the head. That original ABC was a just a smaller one making up A of a larger ABC, which last night touched the 100% fib perfectly, A=C. Could still see the 1.382 or 1.236 fibs. Again, below the 1.618 has me losing confidence.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.