Fibonacci Trading And Price Action
Establishing a Fibonacci price cluster on the H4 time frame determines sensitive support levels in the buying direction.
The setup shows clear buy points, stop loss points and expected take profit points for a trade.
The setup shows clear buy points, stop loss points and expected take profit points for a trade.
Note
The price returned to the sensitive resistance identified by the Fibonacci price cluster on the H4 frame. You look and you will understand what I am talking about!Trade active
Trade closed: target reached
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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.
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.