Leonardo.Ciaccio

Leonardo.Ciaccio

//Break Out level by Leonardo Ciaccio 2014 ---------------- study(shorttitle="PBKO 2.1", title="Progressive Break Out 2.1", overlay=true) //--------------------------------------------------------- //Input from user ----------------------------------------- length = input(120, minval=1) src = close, len = input(12, minval=1, title="RSI...

Leonardo.Ciaccio

Possible test of 1.6600 in any case 0.5 FIBO retracement require ( 1.6230 ? )

Leonardo.Ciaccio

80.40 it's 0.5 FIBO retracement and good old support

Leonardo.Ciaccio

In this chart i see only one possibility over 0.8340 good long trade

Leonardo.Ciaccio

0.8845 tested now long trade it's possible over 0.9040 resistance, 0.9170 easy peasy ;)

Leonardo.Ciaccio

This bullish trend require retracement, under 103.75 / 103.30 we have 3 possible target 102.03 / 101.50 / 101.00 but if bounce on 103.30 goto new HI

Leonardo.Ciaccio

Short but possible bounce on 1.3710, target 1.3450/15 (MA 120 = 4 weeks)

Leonardo.Ciaccio

This is my point of view

Leonardo.Ciaccio

some followers ask me how to use PBKO 2.0, this is the best way to do this, however, each user will have its particular technique to be used

Leonardo.Ciaccio

This is my possible level for this strategy

Leonardo.Ciaccio

This is my point of view

Leonardo.Ciaccio

This is my custom indicator, progressive breakout with auto Fibonacci level, default level is 120 and it's good on TF 1H (120=5 days), when you have a trend PBKO 2.0 help your strategy. You can paste this source here pastebin.com For beginners with Fibonacci trading www.youtube.com

Leonardo.Ciaccio

Wait new pivot for TP target

Leonardo.Ciaccio

This is a good opportunity

Leonardo.Ciaccio

Good opportunity for this trade

Leonardo.Ciaccio

Mid/long term target 200pip

Leonardo.Ciaccio

no description, view chart, very easy

Leonardo.Ciaccio

Good retracement