Fibonacci retracement at 0.786 as in 2014-2015
Updated
After a long crossing of the desert, I had given the warning in my previous (french) idea of the more than imminent recovery of the volatility at the exit of the giant triangle of this bear market. As such, we have indeed been served! And now ?
The crash of 2014 ended on January 1, 2015 at 0.786 Fibonnaci retracement traced since his ATH end 2013:
We are today in the same configuration: 0.786 reached with this morning's local V-bottom at $ 4444
If we were to the golden number of Fibonnaci, is it the end of the bear market ?
The crash of 2014 ended on January 1, 2015 at 0.786 Fibonnaci retracement traced since his ATH end 2013:
We are today in the same configuration: 0.786 reached with this morning's local V-bottom at $ 4444
If we were to the golden number of Fibonnaci, is it the end of the bear market ?
Note
I had planned more than two months ago: in hindsight, this price stabilization oscillating around the 78.6 Fibo retracement is amply validated.
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