BTCUSDT one more leg part II關於BINANCE:BTCUSDT由firmestudio提供 — TradingView

Trend Analysis Fibonacci Triangle Fibonacci Confluence Fibonacci Retracement fibonaccianalysis trianglepattren 146 trianglebreak breakdowntrading bearishtrend

trendanalysis fibonacci triangle fibonacciconfluence fibonacciretracement fibonaccianalysis trianglepattren 146 trianglebreak breakdowntrading bearishtrend

One more leg down as expected. Posting part II of my analysis to show a beautiful Triangle on 15M chart. Price action shows pivot point reversal reacting to 0.707* (70.7%) of Fibonacci Retracement. Triangle confluence with 14.6% target.

*0.707 is the square root of 0.5.

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