0.5 fib bounce.
Can move to -1.618
Strategy 3
0.5 fib method
• There is a chance that at 0.5/0.618 Fib. There will be a trade opportunity.
• It is used to follow a trend long or short.
• It can also be used in an inverted chart.
Can move to -1.618
Strategy 3
0.5 fib method
• There is a chance that at 0.5/0.618 Fib. There will be a trade opportunity.
• It is used to follow a trend long or short.
• It can also be used in an inverted chart.
Trade closed: stop reached
Its normal for patterns to fail. Always looks out for rejection candles.
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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.
Related publications
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.