Fibo extension match with bullish flag ideal price
I was checking the BTC graph and noticed this interesting thing .
Atm the Price is on Fibo extension of the main trend of 1.2 and the second ideal extensions is at 1.68 (top green dotted line) and i noticed that this point match almost with the possible bullish flag pattern top area.
So this is just an idea but i'm pretty sure that if price doesnt get back to 11.2 level or even better if it uses the 11.2 level as support it can go there at 12.7 easily.
Lets see.
Atm the Price is on Fibo extension of the main trend of 1.2 and the second ideal extensions is at 1.68 (top green dotted line) and i noticed that this point match almost with the possible bullish flag pattern top area.
So this is just an idea but i'm pretty sure that if price doesnt get back to 11.2 level or even better if it uses the 11.2 level as support it can go there at 12.7 easily.
Lets see.
Trade fechado: objetivo atingido