An interesting Idea I came up with
Sometimes I am confused about the direction of the market So i reverse my Fibonacci. The one with the solid white line and gold take profits. Stand for my prediction of the market. While the completely faded Fibonacci is in case the market goes against my prediction. My confirmation comes from the sweet spot. Well what is that you ask? Well the sweet spot for me is when the market retest/pullback 2 or 3 times between The blue and Green lines. Once I see that I am looking to enter a perfect regular entry or sniper entry.
I also trade by levels(whole/round numbers) with a midpoint to get a concrete answer for the direction of market
I definitely want your opinions on this !!!
Thank you for your time
I also trade by levels(whole/round numbers) with a midpoint to get a concrete answer for the direction of market
I definitely want your opinions on this !!!
Thank you for your time
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