mrblackhat

Double Fibonacci Retracement

Long
BITFINEX:BTCUSD   Bitcoin
the green boxes are the "Buy zones".
We can see the Fibonacci retracement overlapping inside the reload zone , it's a good sign that the market will go higher.
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disclaimer:
Technical analysis is just based on probabilities.
People who do TA analysis are just statisticians , it's only the most likely outcome and not an absolute.
Nothing is absolute on TA and on Fundamental analysis.
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