FIBivanSPY

FIBivanSPY

Using Today chart as example. We see pullback test at 5min ORB high. showing respect to prev breakout price! good news for bulls! and 5min also held the (S), by rejection of closing back above (S) on the 2nd candle. showing us a fakeout, tricked some impatient bears.wasted BP. sad.

FIBivanSPY

When Market open: 1) wait 5min close to draw Orb Fibonacci(0%,0.5%1.0%,1.5%,2%) wait 15min to close to draw Orb Fib. 2) Keep looks for (S) anf (R) to draw after 5min&15min candles close. 3)use (Support)&(Resistance) from your "drawing" and (Support)&(Resistance) from "Orb Fib" levels to CALCULATE your Risk to decide where is to enter trade. Sniping tips:...

11:14

FIBivanSPY

To understand Price Action, first thing we do is to look for (S) and (R) to help us read strength&weakness of price. This video will explain how I find Support and Resistance of a trend. I will provide example of what your chart will looks like throughout trading hours. how to know which candle to draw (S)/(R).

08:43

FIBivanSPY

This video will explain how to draw FIB on ORB to find potential resistances and target. Setting style of Fibonacci Retracement for first target 2.0%: (0%, 0.5%, 1.0%, 1.5%, 2.0%) extension for Fib is to add another +1.5% incrament to Frist Target of 2.0%. (....2.0%. 2.5%, 3.0%, 3.5%)

13:05

FIBivanSPY

To understand Price Action, first thing we do is to look for (S) and (R) to help us read strength&weakness of price. This video will explain how I find Support and Resistance of a trend. I will provide example of what your chart will looks like throughout trading hours. how to know which candle to draw (S)/(R).