Short US30- fibb approach
I am using an analysis on US 30 for each direction. I have placed a fibb on the previous low and the current higher high. I will look to short when candles breakout of the 78.6fib and act as resistance to the 9ema for over a 100 pip target closing trade at the 61.8 fibb level at shoulder level. Watch for the double top near the demand zone on 15 min tf.
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.