Trying to identify located trade entry and stop loss points around major fibonacci pivots like 38.2%, 61.8% and 78.2%
Draw a main trend pitchfork and reversal pitchfork in order to define potential support and confluence areas.
Main trend pitchfork have extended fibo lines, those serve as supports and interesting areas when crossed with the reversal pitchfork. Areas highlighet area a clear example wheren price found temporary support on the lines.
Keep attention when the price moves to the next zone around 61.8%
Having those located trade entries givesthe ability to open a position with tight and reasonable stop loss
Draw a main trend pitchfork and reversal pitchfork in order to define potential support and confluence areas.
Main trend pitchfork have extended fibo lines, those serve as supports and interesting areas when crossed with the reversal pitchfork. Areas highlighet area a clear example wheren price found temporary support on the lines.
Keep attention when the price moves to the next zone around 61.8%
Having those located trade entries givesthe ability to open a position with tight and reasonable stop loss
Nota
UPDATE: Mean reversion completed! With a matching fibo 0.618 and CCI is rolling up 
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.