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profghibli
4 Th10 2017 12:56

BTCUSD HnS with correct target calculation (By Mr. Advisor) Giá xuống

Bitcoin / DollarBitfinex

Mô tả

Hey guys, my friend (aka Mr. Advisor) found this HnS (as I'm sure many others have done as well). However, I see merit in posting this is as it shows the correct target calculation, which takes into account the trending nature of the neckline.

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This graph is pretty good to follow to see additional possible bounces up on the way to the HnS target. Particularly, it is much safer to close short at 3970s due to 0.5 Fibonacci from the recent 4900-2980s drop being there, thus a big possibility of having a nice bounce up there.

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ZoltanBalogh
That's some head...
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