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BTCUSD SHORT Fibonacci extensions for intraday trading $BTCUSDThese are the Fibonacci retracements I am watching for BTCUSD today : N1: 33702 N2: 34491 N3: 35582 Current intraday trend likely UP DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME Examples of SL and TP : SL could be @ Fibo level 5.618 (36860) TP could be @ Fibo level 0 (32424) Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
BITSTAMP:BTCUSDShort
by Hi3rophante