Using Fibonacci and interpreting in my ways to identify trade opportunities. This thread works as a trading log.
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DislikedPrice is testing with 50.0 monthly and weekly fib level. My bias is to the downside. Edit: Opened short @ 130.219. {image}Ignored
DislikedI think price is forming a double top and i will play according to it. On top of that, it has also reached the critical fib level which supports my view price will retrace downwards. Edit: Shorted @ 130.827. {image}Ignored