these are only valid if it continues up from that direction. me personally I'm only interested in the 61 and 76 fibs as there's more than just on confluence in that area which is the Trend line retest. so I'd be looking to take that. but it's only medium risk the others are high risk so i recommend risking less 0.5% or less on the white zones and 0.5% or more for the purple zones.
trade safe
trade safe
Note
23 fib worked and now the other entries are invalid cause the fib needs to be extended to the new lowNote
but i would still look for entries around those Trendlines even if there's no fib. just find a KL
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.
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.