Supply & demand is the key to limiting the distance of price movement and
as a projection to correction and price reflection.
Combined with trend gauges such as EMA and overbought/oversold
also makes the position stronger/regular.
HOW TO SET UP FIBONACCI KEYLEVEL GCOV5 SETTING INPUT
Application of PIVOT POINT ( PP gray) and combined of 2 set Fibonacci keylevel
>5min chart timeframe
as a projection to correction and price reflection.
Combined with trend gauges such as EMA and overbought/oversold
also makes the position stronger/regular.
HOW TO SET UP FIBONACCI KEYLEVEL GCOV5 SETTING INPUT
Application of PIVOT POINT ( PP gray) and combined of 2 set Fibonacci keylevel
>5min chart timeframe
Nota
Here was an example of a trading strategy using the auto key level GCOV5. How it works,BTCUSD, 1H, combined Weekly & Monthly FIBONACCI KEY LEVEL
While if PP ( now as support) breakdown next, we’ve to assume that it will move down to S again. This is because prices will not continue up/down to straight forward. it moves in liquidity behavior. While FCPO lacks.
DISCLAIMER: NOT A BUY/SELL CALL, ONLY IDEAS AND RESEARCH ANALYSIS BASED ON INDICATORS. TAKE IT AT YOUR OWN RISK.
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FCPO updated!!! BTCUSD updated!!! Hit TP from the best buy zone!
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.