henyojess

Trading the BTC bounce - Weekly Channel + Fibonacci = Profit

Long
BITSTAMP:BTCUSD   Bitcoin
Weekly Channel and Fibonnacci 61.8% retracement cooperate to point at a possible reversal zone ~ 3032
Conservative target price is at 38.20% retracement of drop for a good 24% profit.

Entry: 3032
Exit: 3775
Stop: 2936
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