When it hits price indicated on the chart I will be shorting to the .236 Fib. Careful with YOUR trades and execution. This is MY idea and my treasure so follow me off cliffs at your own risk.
Note
The beauty is if it keeps going up I stay in Long position and move stop loss upNote
It is going to battle with blue line on the 30 minute chart ATM
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Look at the war being waged haha, fully expected on the covergence of blue ratio line and short term Fib 1 white line
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In setting stop loss and will move it as price decreasesNote
30 Minute chart Note
Needs to break Red Line to move down fastNote
Caught the Short Term Fib 0 White line, I dont think it will hold. We will see. Moved stop loss to entry price
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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.