Bulltrap Over? Log Scale with Renko and Fibonacci Kort

Bitcoin / U.S. DollarMt.Gox

Beskrivning

⋅ 2 aug 2013 01:23

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/

Kommentarer

MrJozza

⋅ 2 aug 2013 01:24

Congratulations on your first published work! :)

But I think this is a bear trap, we are still oversold on the weeks chart :)

Mer