theTAguy

Bitcoin following the Fibonacci Channel!

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
In my previous idea on Bitcoin , I posted about the Fibonacci Channel, if it will follow it or not. As we can see here, it is perfectly respecting the golden zones and getting retraced. Here, I have posted a trade on the basis of this Fibonacci Channel and price action. RR is 1:5
Trade closed: stop reached: :"(