testing my fib waves theory 2.618 should break out bullishly, continue upwards, a continuation of the previous 2.618 state Idea also for UNIUSD I am neutral on UNI, but still think it will play out bullishly throughout 2.618
XRPBTC has formed a nice looking bullflag Strongest trendline identified (dotted line) and used for a fib circle It can be recognized as the strongest trend with evidence of price touching or bouncing off the inner circle (in ovals / circles) Breakout up likely
LS = Left shoulder H = Head RS = Right shoulder Just using the Fibonacci circle and establishing support areas, resistance areas, this head and shoulders pattern can be identified Without the circle, this pattern is very difficult to identify The main challenge using the circle is identifying the strongest trend. (Green line) Here is my guide to using the Fib...