First time using Pitchfork indicators.
We are getting closer to s/r level. Price has reached 1.382 fibo level and now reversing back as correction to finally reach 1.618 fibo level.
I have pointed in a circle level where I have 4 conformations to enter:
1. s/r level
2. two pitchforks (50 and 30) crosses
3. 0.768 fibo level that was build on bearish impulse move
4. 1.618 level of a bullish impulse move (darker fibo).
It's experimental trade. Let see how it'll work.
Good luck:)
We are getting closer to s/r level. Price has reached 1.382 fibo level and now reversing back as correction to finally reach 1.618 fibo level.
I have pointed in a circle level where I have 4 conformations to enter:
1. s/r level
2. two pitchforks (50 and 30) crosses
3. 0.768 fibo level that was build on bearish impulse move
4. 1.618 level of a bullish impulse move (darker fibo).
It's experimental trade. Let see how it'll work.
Good luck:)