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RE: Bitcoin (BTC) Morning Update: The 0.618 Fibonacci Zone Likely to be Hit

in #bitcoin7 years ago

@haejin I don't understand how ABCDE triangular pattern correction applies here. As per Fib ratio in triangular pattern to be maintained at .618 for at-least 2 waves but in this case none of them at .618 ratio? Please advise. Also in a forest view wave 2 is mostly always a zigzag so if it was wave 2 @5900 wave C was end of correction right?