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Have linked a previous example of this so will be interesting to see how this one plays out after retracing 61.8% from highs?
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http://themerkle.com/bitcoin-technical-analysis-for-42816-broken-stairway-to-heaven/
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Another example 61.8% retracement :- http://www.4-traders.com/GOLD-4947/news/USD-CHF-Elevator-Down-Stairs-Up-19940158/
@zippy1day good chart i have a similar but with red and green candles.
U are a vanguardist solid trader!
U are a vanguardist solid trader!
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Was that a pull back or a pull back. I did not see that coming. Over brought conditions was a main concern, mixed with last night's about China seeking ways to control Chinese capital flight via btc, sent us nose diving to ¥4531 from a high of ¥5130
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Yep China caught us all out, more annoying is the fact I spotted this pattern awhile back but not this one lol
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