SND KEYLEVEL ACT TO SMALL TF BUY@SELL SIGNAL
Updated
Supply & demand is the key to limiting the distance of price movement and
as a projection to correction and price reflection.
Combined with trend gauges such as EMA and overbought/oversold
also makes the position stronger/regular.
HOW TO SET UP FIBONACCI KEYLEVEL GCOV5 SETTING INPUT
Application of PIVOT POINT ( PP gray) and combined of 2 set Fibonacci keylevel
>5min chart timeframe
as a projection to correction and price reflection.
Combined with trend gauges such as EMA and overbought/oversold
also makes the position stronger/regular.
HOW TO SET UP FIBONACCI KEYLEVEL GCOV5 SETTING INPUT
Application of PIVOT POINT ( PP gray) and combined of 2 set Fibonacci keylevel
>5min chart timeframe
Note
Here was an example of a trading strategy using the auto key level GCOV5. How it works,BTCUSD, 1H, combined Weekly & Monthly FIBONACCI KEY LEVEL
While if PP ( now as support) breakdown next, we’ve to assume that it will move down to S again. This is because prices will not continue up/down to straight forward. it moves in liquidity behavior. While FCPO lacks.
DISCLAIMER: NOT A BUY/SELL CALL, ONLY IDEAS AND RESEARCH ANALYSIS BASED ON INDICATORS. TAKE IT AT YOUR OWN RISK.
Trade closed: target reached
FCPO updated!!! BTCUSD updated!!! Hit TP from the best buy zone!
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