BTCUSD - Bullish Retracement Scenario - Ichimoku & Fibonacci

With many expecting BTCUSD to correct after the B2X fork, I decided to look at what a reasonably bullish correction would look like.

Put simply, the outlined zone (highlighted by the horizontal red line) offers with a Kijun Bounce on the 4H time frame in a zone where Fibonacci retracement levels overlap.

A Kijun bounce is when price tests and bounces off the Kijun Sen (cherry/red line) after an uptrend. This is the equivalent of a bounce off a support level , and thus confirms the uptrend and signals the continuation of the prior trend.

The bundle of Fibonacci retracement lines in the same zone suggest that this area is a good candidate for a bounce.
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出