UnknownUnicorn59736

Tell me Fibs, Sweet Little Fibs...

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BITSTAMP:BTCUSD   Bitcoin
Just a quick observation on one possibility that could play out over the next few days. I've even got a time fib giving a good confirmation. As of posting the H&S reversal still hasn't been confirmed, but still has plenty of room & time to do so.

I realise I've used the retracement tool in reverse. I've done so to illustrate how fibs are powerful thresholds no matter which way in time or price they are motivating traders positions.
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