SpilakJ

SpilakJ

ABC short candle long candle and agian short on 61.8 fibo of AB=CD I took fibo retratecment and 0 is low of long candle (Bcandle the middle of patern) and 100 is high. We need to preserve value of that fibo and just move it on C candle, but fibo 0 must be on low of C candle. Break of level 50 is entry to trade and 100 is target.

SpilakJ

watch levels from m15 tf and watch reactions ABC patterns or uncompleted auctions, creating of higher low ...

SpilakJ

update of previous post

SpilakJ

Situation here may change, its just informative, but i will pay attention to 0.5 fibo level 0.75581 and then i will buy if would be there some interesting reactions

SpilakJ

My favorite situation is happening on NZDUSD watch reaction levels and pay attention to price action on them, single levels without reactions means nothing first we need to see some higher lows