M= Market has been on an upward trend and starting to show signs of reversals, with a Hidden Head and Shoulder pattern.
A= Area of Value is between the 50% and 61.8% Fibbo Retracement Levels.
E= For Entries, Look for rejection candles between the two Fibbo retracement Levels.
E= Exit on the next Resistance level or TP= 0.96224
M= Market is in an uptrend
A= Area of Value: There is a multiple layer of Confluence: 50EMA Dynamic Resistance, TrendLine , Previous S&R, Long term Fibbo Retracement Level of 38.2% and short term Fibbo Retracement Level of 61.8%
E= Trade a pullback from the two Fibbo Levels, wait for any rejection candle on an Hourly to Enter a BUY ( e.g Bullish Engulfing Candle...
M= Market trending Downwards
A= Area of Value: There is a multiple layer of Confluence: 50EMA Dynamic Resistance, TrendLine , Previous S&R and Long Term Fibbo Retracement Level of 38.2%.
E= Trade a pullback from the Fibbo Zone, wait for any rejection candle on an Hourly to Enter a Sell ( e.g Bearish Engulfing Candle)
E= Exit on the Next Fibbo Level or TP1
M= Market is tranding upwards
A= Area of Value: There is a multiple layer of Confluence: 50EMA Dynamic Resistance, TrendLine , Previous S&R, Long term Fibbo Retracement Level of 38.2%
E= Trade a pullback from the 38.2% Fibbo Level, wait for any rejection candle on an Hourly to Enter a BUY ( e.g Bullish Engulfing Candle or a hammer )
E= Exit on TP1 and TP2
M= Market is on a down trend
A= Area of Value: There is a multiple layer of Confluence: 50EMA Dynamic Resistance, TrendLine , Longterm Fibbo Retacement Level of 38.2% and Short Term Fibbo Level of 50%
E= Trade a pullback from those Fibbo Level, wait for any rejection candle on an Hourly to Enter a Sell ( e.g Bearish Engulfing Candle)
E= Exit on the Next Fibbo...
M= Market is on a down trend
A= Area of Value: There is a multiple layer of Confluence: 50EMA Dynamic Resistance, TrendLine , Previous S&R and LOng Term Fibbo Retracement Level of 50% and Short Term Fibbo Retracement Level of 78.6%
E= Trade a pullback from those Fibbo Zones, wait for any rejection candle on an Hourly to Enter a Sell ( e.g Bearish Engulfing...
M= Market is in an uptrend
A= Area of Value: There is a multiple layer of Confluence: 50EMA Dynamic Resistance, TrendLine , Previous S&R and and 61.8% Fibbo Retracement Level
E= Trade a pullback from 61.8% Fibbo Level, wait for any rejection candle on an Hourly to Enter a BUY ( e.g Bullish Engulfing Candle or a hammer )
E= Exit on the Next Fibbo Zones, TP1 and TP2
M= Market is in an uptrend
A= Area of Value: There is a multiple layer of Confluence: 50EMA Dynamic Resistance, TrendLine , Previous S&R and 50% and 61.8% Fibbo Retracement Level,
E= Trade a pullback from 61.8% Fibbo Level, wait for any rejection candle on an Hourly to Enter a BUY ( e.g Bullish Engulfing Candle or a hammer)
E= Exit on the Next Fibbo Zones, TP1 and TP2
M= Market is on a down trend
A= Area of Value: There is a multiple layer of Confluence: 50EMA Dynamic Resistance, TrendLine , Previous S&R and 50% and 61.8% Fibbo Retracement Level,
E= Trade a pullback from 61.8% Fibbo Level, wait for any rejection candle on an Hourly to Enter a Sell ( e.g Bearish Engulfing Candle)
E= Exit on the Next Fibbo Zones, TP1 and TP2
M= Market is trading above the 50EMA, signifying an uptrend.
A= Area of Value is 38.2% Fibbo Retracement Level,Previous S&R, 50EMA and the TrendLine .
E= For Entries, Look for rejection candles on the 38.2% Fibbo Level to BUY.
E= Exit @ TP1 and TP2
M= Market has been on an uptrend that has now been broken to start a new downtrend.
A= Area of Value: Price is trading on a Daily S&R, Price is between 38.2% and 50% Fibbo Retracement Levels, and price is also on a 50EMA on an 1H chart.
E= Enter a Sell when you observe rejection candles on this zone
E= Exit on TP1 and TP2
M= Market is begining a down trend
A= Price has broken the trendline and retesting a 61.8% Fibbo Retracement Level
E= Enter on a bearing engulfing candle on the SELL ZONE
E= EXIT on the next support level
M= Market is on a down trend
A= Area of Value is the 50EMA Dynamic Resistance, TrendLine, Previous S&R and 38% Fibbo Retracement Level
E= Trade a pullback from 38% Fibbo Level, wait for any rejection candle on an Hourly to Enter a Sell ( e.g Bearish Engulfing Candle)
E= Exit on the Next Fibbo Zones, TP1 and TP2
M= Market has been on a downward trend and starting to show signs of reversals, with a Hidden Head and Shoulder pattern.
A= Area of Value is between the 61.8% and 78.6% Fibbo Retracement Levels.
E= For Entries, Look for rejection candles between the two Fibbo retracement Levels.
E= Exit on the next Resistance level or TP
