Bitcoin - 12/14/19 - Sitting in the golden zone of the golden zone!! Will we jump?
After a failed trade last post, as I tried to play the golden zone of the previous structure. However in my blog I warned against failure as we still have the golden zone of the larger structure. On the larger time frames we have finally entered that golden zone. Let's take a look!
Ok now let's zoom in to smaller time frames and see how we are also in the golden zone of the smaller wave here...
The "Golden Zone" is always been an area to see a reaction, hence why it's named the golden zone. Once again in crytpo we often see the .786. So there is a chance of more downward movement. I do see a huge reaction from this range though, time will tell! This is not financial advice, this is my trading journal. Good luck and good day!