Exactly, So if you open on many charts the 4 hour and study where they bounce then you get the hang of it.
Now, the folllowing question is how do you determine where to exit? Because entering a trade is not that difficult, but where do we exit?
That's where your fibonnaci come in handy to scale out.
Now, the folllowing question is how do you determine where to exit? Because entering a trade is not that difficult, but where do we exit?
That's where your fibonnaci come in handy to scale out.