I use the fib extension tool to find my targets.
-Price moves in Sequences or Waves
-Only Buy or Sell in 3,5,7, and 11 swings with trend
-Each swing is defined when a Full extension is met
Once price reach the 100FE it can...
-do a Pullback/Retest and continue the trend to the 161.8FE price line
-or do a reversal
-Price moves in Sequences or Waves
-Only Buy or Sell in 3,5,7, and 11 swings with trend
-Each swing is defined when a Full extension is met
Once price reach the 100FE it can...
-do a Pullback/Retest and continue the trend to the 161.8FE price line
-or do a reversal
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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.
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.