Support and resistance from last high and low on the daily timeframe.
Draw a trendline.
Use a fib from the first high/low to the last.
Use a reversed fib to correlate its extensions to the first fibs retracements.
2-3 confluences to take a trade.
100 pip stop loss.
30 pip stop loss for scalps.
Draw a trendline.
Use a fib from the first high/low to the last.
Use a reversed fib to correlate its extensions to the first fibs retracements.
2-3 confluences to take a trade.
100 pip stop loss.
30 pip stop loss for scalps.
Nota
18 days, 8% profits.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.