After last weeks rally to the downside we are still trending lower it seems. After catching an advanced patter set up, a short bias can be announced. Using Fibonacci retreacements and extensions several criteria has been met. Starting off Measuring the XA we can find the C leg has met the 1.272%. Also a pullback of the B leg has met the .618% so now we must watch as price continues to pull back a bit higher to retest previous resistance. At which point we can bring out the .786% level of the XC leg as it is in confluence with the resistance level where we can look to enter the market. Finding targets is as simple as one two three all we need to do is grab the DC leg pull up the .618% & .382% and set stops above our starting point and Viola we have ourselves a nice set up.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.