Finally, price has recently reached for and rejected off of a bearish order block that i had as my point of interest; I am anticipating a long term downtrend to follow since price is being rejected at the price 44,488. This price is significant because of the fact that I applied fibonacci to the swing high to the swing low to determine my area of entry.
RFE: i've located a monthly bearish order block then applied fibs to discover which discount level may give me the most optimal position. in this case it was the 88.60% discount level that corresponded with the mean threshold of the previously mentioned order block, which was my confirmation for entering this position
E: 44211
sl:45446( 123.4 pips )
tp: 6826( 3738.5 pips )
RFE: i've located a monthly bearish order block then applied fibs to discover which discount level may give me the most optimal position. in this case it was the 88.60% discount level that corresponded with the mean threshold of the previously mentioned order block, which was my confirmation for entering this position
E: 44211
sl:45446( 123.4 pips )
tp: 6826( 3738.5 pips )
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.