there is a special way I place these fibs.
You wont be able to use the same system with auto retrace or extension.
These are custom fibs.
If there is enough bounce on the 61.8% that will signal trouble for BTC. 78.6% is next adversary. It can still bounce there too.
A break in that can signal the continuing uptrend that it is forming by the breakout of established downtrend
You wont be able to use the same system with auto retrace or extension.
These are custom fibs.
If there is enough bounce on the 61.8% that will signal trouble for BTC. 78.6% is next adversary. It can still bounce there too.
A break in that can signal the continuing uptrend that it is forming by the breakout of established downtrend