Felix000

Buy the breakout. Retrace over? You decide

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Felix000 Updated   
BITFINEX:BTCUSD   Bitcoin
All details on chart. NOT ADVICE. DYOR.
Comment:
Here' how the chart currently looks.

Comment:
Here's with retracements based on close
Comment:
Here's the current picture. Price only broke yellow box signal after the 14th day. I got no statistics longer than 14 days. Therefore I'm not going short. Not sure if stats would suggest sticking with first break if no whipsaw within 14 days. I believe a strong DXY (dollar index) is what's causing bitcoin to sag. Dollar will have to fall and stocks head back to new highs at some point. Will bitcoin get wind of it first. NOT ADVICE DYOR
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