TheDeepEnd
Short

Bulltrap Over? Log Scale with Renko and Fibonacci

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
543 1 0
Fibonacci retracement levels lead me to belive that the bull trap is over, and we will be headed down/range for the next 2-3 weeks. Then the final correction can begin.

This is my first published chart so suggestions and feedback are welcomed!

- http://s16.postimg.org/dx3pjb8ad/Main_Stages_in_a_Bubble.png - Artwork credit : https://www.tradingview.com/u/contentsys/

MrJozza
3 years ago
Congratulations on your first published work! :)

But I think this is a bear trap, we are still oversold on the weeks chart :)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out