Hello friends, traders, everyone!
I'm going to try to get a few charts out today....
So to keep it short I have made the graphic portion of this analysis easy to read....
IDEAL long entry as always is 62 - 79% retrace... I was hasty with last retracement...this is always the tricky part of fibs.
The Fib Circle resistance rejected BTC at the apex with speedfan resistance (downtrending) and channel resistance (uptrending)
Good luck traders!
I'm going to try to get a few charts out today....
So to keep it short I have made the graphic portion of this analysis easy to read....
IDEAL long entry as always is 62 - 79% retrace... I was hasty with last retracement...this is always the tricky part of fibs.
The Fib Circle resistance rejected BTC at the apex with speedfan resistance (downtrending) and channel resistance (uptrending)
Good luck traders!
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If you missed the breakout now is probably your second chance. Want to see a bounce here
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:)
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Came back to take a look at this chart and I actually still like it, we dipped back into what was essentially the buy zone. Stops should have kept us in profit here, now maybe we double bottomed @ entry? But our trade plan is outlined in my new btc chart.
