The first move creates the first retracement to 0.618 and 0.786.
That then follows to -0.27 -0.68 (tp1 & tp2)
That has now actually created the top and bottom for the new fib to draw up (the bigger one you see).
We wait for the retracement to 0.618 or 0.786, re-enter the BIGGER short, merry christmas.
That then follows to -0.27 -0.68 (tp1 & tp2)
That has now actually created the top and bottom for the new fib to draw up (the bigger one you see).
We wait for the retracement to 0.618 or 0.786, re-enter the BIGGER short, merry christmas.
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.