GJ Sell idea
1) Daily High point, respecting this as resistance repeatedly now
2) Making Lower Highs on 1H
3) In a slight range, will look for 1H candle to break and close below the .382 fib level of 154.857 before entering sells.
Stops will be at 154.995
Target 1 will be at .618 fib level of 154.578
Target 2 will be at .786 fib level of 154.380
Target 3 will be at 1.0 fib level of 154.127
Trailing stop of 60 points will be set, once target 1 hit this will be reduced to 30, once target 2 hit reduced to 15.
2) Making Lower Highs on 1H
3) In a slight range, will look for 1H candle to break and close below the .382 fib level of 154.857 before entering sells.
Stops will be at 154.995
Target 1 will be at .618 fib level of 154.578
Target 2 will be at .786 fib level of 154.380
Target 3 will be at 1.0 fib level of 154.127
Trailing stop of 60 points will be set, once target 1 hit this will be reduced to 30, once target 2 hit reduced to 15.
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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.