Now with triangles added
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Original post
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Side by side comparison
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Next hourly candle could be a bullish one
We nearing the take off time - I increased my stop loss to 8350 (probably should have increased it to 8380-8390 - but I'm bullish)
We nearing the take off time - I increased my stop loss to 8350 (probably should have increased it to 8380-8390 - but I'm bullish)
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We faked out of the triangle a little bit to the 0.5 fibonacci (on Bitstamp)
Now we bounced off the green trend line and we're consolidating on the 0.705 fibonacci
If we break through the green trend line (which I expect we will) we are bull until at least the first orange trendline and possibly to the 1 fibonacci level and possibly till the top if the arc.
Take profit according to your greed, my profit taking is most likely at 9150-9200
Now we bounced off the green trend line and we're consolidating on the 0.705 fibonacci
If we break through the green trend line (which I expect we will) we are bull until at least the first orange trendline and possibly to the 1 fibonacci level and possibly till the top if the arc.
Take profit according to your greed, my profit taking is most likely at 9150-9200
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Update with improved targets
