Bonfire Fib built 45 trends and intersects BTCUSD
Please see chart with indicator turned on below:
Found alignment and center using 144 days. From there, I used common intersection from square to dissect symmetrical trends and grids that should capture future price action. Follow the price along each line for confluence. Does the price respect the trend, breakup, or breakdown. Pay attention to your indicators and volume as the price approached these trends , levels and pivots. This chart has some good pattern data if you like reading into that.
Found alignment and center using 144 days. From there, I used common intersection from square to dissect symmetrical trends and grids that should capture future price action. Follow the price along each line for confluence. Does the price respect the trend, breakup, or breakdown. Pay attention to your indicators and volume as the price approached these trends , levels and pivots. This chart has some good pattern data if you like reading into that.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.