Pitchfork and retracement strategy posting for an experiment
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
I wanted to see the outcome of this strategy. Does it really work with social media stirring the market.
Buying and selling with a tweet or news article breaks all the rules and strategy guides. Are these strategies outdated considering most were created pre internet. A.I. trading is also a factor that disturbs the normal trading strategies. Do algorithms affect the markets and mislead investor entry positions. Thought I would put this here to see the outcome.
It’s not precise it’s just a directional forecast with a long-term Fibonacci circle
