nagihatoum

BNB FIB Channels and patterns long term outlook

nagihatoum Atualizado   
BINANCE:BNBUSD.P   BNB Perpetual Futures Contract
Found this tool and decided to giver it a try. So right now price is inside a triangle and in a downward trend. Will it break the triangle down or the downward trend up and what are the results. I speculated with this Fib channel tool. The orange arrows are the measured moves of the triangles with confluence with the fib tools.

Other tools I used in the past are fib circles and gann fans which gave intresting results.

Comentário:
broke down from triangle and heading to 219.
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Market reversed heading to test the triangle resistance
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target reached
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