Bulltrap Over? Log Scale with Renko and Fibonacci

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
652 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!

- - Artwork credit :

Congratulations on your first published work! :)

But I think this is a bear trap, we are still oversold on the weeks chart :)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out