Using confirmation for both the Fibonacci retracement level and inverse head & shoulder, the strategy is potentially robust enough to cover both bull and bear situation.
Strategy:
1. if moving toward resistance 1 and breakthrough, can long targeting resistance 2 using support 1 as a potential stop-loss point.
2. if moving toward support 2 and breakthrough, can short targeting support 3 using support 2 as a potential stop-loss point.
Note: This idea is simply speculation and does not indicate any recommendation nor take any responsibility.
Strategy:
1. if moving toward resistance 1 and breakthrough, can long targeting resistance 2 using support 1 as a potential stop-loss point.
2. if moving toward support 2 and breakthrough, can short targeting support 3 using support 2 as a potential stop-loss point.
Note: This idea is simply speculation and does not indicate any recommendation nor take any responsibility.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.