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UnknownUnicorn591517

Support and Resistance Ping Pong and Channelling

Short
Bitcoin (BITSTAMP:BTCUSD)  
UnknownUnicorn591517 Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis
12
0
trendanalysis chartpattern waveanalysis
What can we expect? A predictable bounce on major trend line, 0.786 and top of support zone? A fake out below major trend line and retest of support zone?

Ping the the higher low E on the chart.
Trade active:
Grey Areas are Support and Resistance Zones based on Weekly Candles: e.g. Close to High and Close to Low

snapshot
Comment:
Hmm???
snapshot
Comment:
Trade closed: target reached
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