Fibonacci multi-timeframe clouds aligned and compacted on the 60-minute, 4-hour, and daily timeframes signal an increased probability that the candles will move towards the following targets
Targets on the chart
Risk-to-return ratio > 3.
Targets on the chart
Risk-to-return ratio > 3.
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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.