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theTAguy

Bitcoin following the Fibonacci Channel!

Long
Bitcoin (BITSTAMP:BTCUSD)  
theTAguy Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Beyond Technical Analysis BTCUSD BTCUSDT Bitcoin (Cryptocurrency) bitcoinforecast bitcoinusd fibonaccichannels
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trendanalysis beyondta btcusd btcusdt bitcoin bitcoinforecast bitcoinusd fibonaccichannels
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:
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