ibrahim.bensalah

A beginner's perspective

Short
ibrahim.bensalah Updated   
BITFINEX:BTCUSD   Bitcoin
The current fall needs to go down one more time, fourth usually doesnt happen so I expect a failure of the head and shoulder formation and i expect a long during consolidation till break of the red down trendline to escape the descending triangle then up to 9200. Eventually back to the purple long time support trendline from back in sept 2017, just because we still need a solid double bottom.

It feels like that's too much to be all true, let's see what happens.
Comment:
Did I made a mistake drawing my fibonacci levels? I guess so, likely I havent made the mistake with BTC\EUR where I made the perfect trade at 6410€ (just 2€ off).
Comment:
No, It wasn't a mistake, the fibs are perfect!
Comment:
On the way to $9200
Comment:
WOW, i should have been rich if I only trusted my analysis
Trade closed: target reached
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