BitcoinLong
Monitor price reactions near the extension levels (1.618, 2.618,
Ensure the trend remains intact by watching for higher lows on pullbacks.
Risk Management: Place a stop-loss below the most recent higher low or a Fibonacci retracement level to protect against sudden reversals.
Risk Management: Place a stop-loss below the most recent higher low or a Fibonacci retracement level to protect against sudden reversals.
Disclaimer
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.