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BTCUSD SHORT Fibonacci extensions for intraday trading $BTCUSD

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These are the Fibonacci retracements I am watching for BTCUSD today :

N1: 42287
N2: 43487
N3: 45429

Current intraday trend likely UP

DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME

Examples of SL and TP :

SL could be @ Fibo level 4 (48112)
TP could be @ Fibo level 0 (40345)

Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL

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Penafian

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