Bear trap at fibo 50%. Are you prepared for this?

There is a way to dance in the markets. Fibo 0.5 are a big deal. Retracements are necessary. They are healthy. ETH has been going up for almost 7h now in a row straight to fibo 0.5. To some this might be a bullish trend but actually it's not. Fibo 0.5 usually halt the moves we have to watch them they are like a dogma.
What if the eth sell starts on Fibo 50%?

Trade closed manually

Trade closed on break even. Reason: because 2 minor TP on 15min were reached and then eth moved all back up again. So we still can sell it higher which is pretty interesting or a major move up has already started again

calster

Be patient. Patience pays. Greed kills.
Join the telegram in English at t.me/BankMathEng_bot
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calster

Be patient. Patience pays. Greed kills.
Join the telegram in English at t.me/BankMathEng_bot
Portuguese at t.me/WiseBrazil and t.me/BankMathbot

Also on:

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