https://www.tradingview.com/chart/9vKswMdp/
A perfect 2 step is in the making. The distances A-B are equal to C-D. Level D is at level $184.
Level $184 coincides with the fibonacci level 1.27 from the levels B-C.
Usely the two step level acts like a magnet.
Before we reach that level we have to pass the level $154. Also a keylevel were target, green line (result of 1.27 time distance 1 to 2) and resistance, red ( result of 0.78 distance of B-C. linecoincides.
If we pass the $154 the way is clear to reach $184.
Before to go long again we need a short time frame trigger.
This way of trading I have learned from the late Mark Braun. He used to have a trading room where he showed his method with multiple time frames.
First he draw his key levels. Then he used the trade triggers with 2 different CCI ( 8 and 50) and the 34 ema in the short term time frame.
Always put a stop loss and a target level whenever you enter a trade.
I will publish an idea when there will be a buy trigger for the $184 level.
Untill later folks!!
A perfect 2 step is in the making. The distances A-B are equal to C-D. Level D is at level $184.
Level $184 coincides with the fibonacci level 1.27 from the levels B-C.
Usely the two step level acts like a magnet.
Before we reach that level we have to pass the level $154. Also a keylevel were target, green line (result of 1.27 time distance 1 to 2) and resistance, red ( result of 0.78 distance of B-C. linecoincides.
If we pass the $154 the way is clear to reach $184.
Before to go long again we need a short time frame trigger.
This way of trading I have learned from the late Mark Braun. He used to have a trading room where he showed his method with multiple time frames.
First he draw his key levels. Then he used the trade triggers with 2 different CCI ( 8 and 50) and the 34 ema in the short term time frame.
Always put a stop loss and a target level whenever you enter a trade.
I will publish an idea when there will be a buy trigger for the $184 level.
Untill later folks!!
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.