TradingView
TheDeepEnd
Aug 2, 2013 1:23 AM
Bulltrap Over? Log Scale with Renko and Fibonacci
Short
MTGOX:BTCUSD
1D
Bitcoin / U.S. Dollar
Mt.Gox
Description
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Aug 2, 2013 1:23 AM
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!
-
s16.postimg.org/dx3pjb8ad/Main_Stages_in_a_Bubble.png
- Artwork credit :
tradingview.com/u/contentsys/
Comments
MrJozza
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Aug 2, 2013 1:24 AM
Congratulations on your first published work! :)
But I think this is a bear trap, we are still oversold on the weeks chart :)
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But I think this is a bear trap, we are still oversold on the weeks chart :)