Short Trade :)
Correction 50 % for smaller fibo with bigger fibo 38.2%
so it will come down as upper side high resistance .. regain energy in the downstrem then with full energy will take a particular direction
Correction 50 % for smaller fibo with bigger fibo 38.2%
so it will come down as upper side high resistance .. regain energy in the downstrem then with full energy will take a particular direction
Note
Watch for head and shoulder formation ... if formed look for 2nd TP pointNote
Head and shoulder in 1 hour /4 hour chart
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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.