Determine HIGH and LOW at consolidation phase.
17 Aug 2021 :
High = 1795
Low = 1779
High Breakout BUY SETUP.
Swing Fibonacci Retracement from H to L
u will find 1.618 as target 1 and 2.618 as target 2.
Low Breakout SELL SETUP
Swing Fibonacci Retracement From L (Low) to LH (LowerHigh)
U will find 1.618 as target 1 and 2.618 as target 2.
RISK SCHEME.
Theres 2 option for Risk Scheme for this breakout strategy.
1. IF we sell, our stoploss must be above 61.8 Fibonacci that we swing from L to LH.
2. IF we sell, we can do a martingale/averaging by condition, and risk scheme are cutloss when confirmed Bullish Breakout.
VICE VERSA FOR BUY SETUP
*Use your choosen Timeframe for confirming breakout
#Socialtradersid #Yourdailyanalyst
17 Aug 2021 :
High = 1795
Low = 1779
High Breakout BUY SETUP.
Swing Fibonacci Retracement from H to L
u will find 1.618 as target 1 and 2.618 as target 2.
Low Breakout SELL SETUP
Swing Fibonacci Retracement From L (Low) to LH (LowerHigh)
U will find 1.618 as target 1 and 2.618 as target 2.
RISK SCHEME.
Theres 2 option for Risk Scheme for this breakout strategy.
1. IF we sell, our stoploss must be above 61.8 Fibonacci that we swing from L to LH.
2. IF we sell, we can do a martingale/averaging by condition, and risk scheme are cutloss when confirmed Bullish Breakout.
VICE VERSA FOR BUY SETUP
*Use your choosen Timeframe for confirming breakout
#Socialtradersid #Yourdailyanalyst
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.