Possible Short or Long position
-Daily is in a downtrend
-4 hr is in a downtrend
-1 hr is in a downtrend hitting the lowest low it ever been in
-30 min i have two different Fibs
. Fib 1 is going for a sell it pulls back to 50 and looking for it to go down to
-27 making it a new lowest low
. Fib 2 is going for a buy also pulls back to 50 and that could go up
to the -27 for the buy that on a 1 hr trend line
-4 hr is in a downtrend
-1 hr is in a downtrend hitting the lowest low it ever been in
-30 min i have two different Fibs
. Fib 1 is going for a sell it pulls back to 50 and looking for it to go down to
-27 making it a new lowest low
. Fib 2 is going for a buy also pulls back to 50 and that could go up
to the -27 for the buy that on a 1 hr trend line
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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.