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RomanoRnr
Apr 26, 2014 5:02 PM

BITCOIN XABCD PATTERN+ 3 DRIVES PATTERN (FIBONACCI) UPDATE 

Bitcoin / U.S. dollarBitstamp

Description

I am currently trying to study the Fibonacci sequence and some patterns.
0.618 and 1.618 are one on the most important ratio's in the Fibonacci sequence.
This is a update of my previous idea. I added a Three drives pattern.

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Comments
IvanLabrie
I'm starting out with harmonic trading...I succesfully predicted a retracement at 419usd (but at bitfinex), and it already reached my target at 447usd. I'm having a hard time extending my predictions further, or chaining patterns like you're doing here. I'll keep working on my chops, nice charts :p
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