TeslaLong
Fibonacci Trading And Price Action
Updated
Set up a Fibonacci price cluster with resistance and support.
I have confirmed a sensitive price zone where the price may reverse at this point because there are quite a few buy orders and quite a few people close their sell orders when they meet their expectations.
I took profit and have now moved my stop loss to my entry position to ensure I won and made a profit today.
I find trading setups simpler and cleaner on stocks than on forex commodities and index futures.
I have confirmed a sensitive price zone where the price may reverse at this point because there are quite a few buy orders and quite a few people close their sell orders when they meet their expectations.
I took profit and have now moved my stop loss to my entry position to ensure I won and made a profit today.
I find trading setups simpler and cleaner on stocks than on forex commodities and index futures.
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