Dislikedhi bro , my view on this and have strugled with this a lot is time frame is everything, if u look at the dailly and trade then the trend is defined by the dailly..if 30 minutes then trend is defined by the 30 minute chart.
there no point looking at the dailly and seeing the trend is down and trading the 5 minute chart down.....as the retracenment will kill u....
same with the fib, its defined by the time frame itself...not sure what i saying is of any help but i thought i will reply
happy weekend to u broIgnored
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