pmktyn

Update on my previous work with fibonacci on BTCUSD Bitfinex

BITFINEX:BTCUSD   比特币
Can we expect head and shoulders? Red - the most risky zone

I've added 4 fibonacci.

1. PURPLE build from 11700.5 to 8468.8
2. BLUE build from 10622.5 to 8468.8
3. RED build from 10080.6 to 8468.8
4. BLACK build from to 9428.3 8468.8

What is idea, areas you can find on graphic u can use as a TP or STOP levels.
Better use areas created with 4-3 lines.

Sorry for mistakes on previous work.

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