Just to reiterate, Looking for price to push up into the fib level and wick or push up into the zone before taking shorts. I have placed a limit order on this area and I will come back to potentially place more orders hopefully some instant market execution orders. If I do want to place IME (Instant Market Execution Orders), I'm looking for price to reject the Fib level (61.8% area) and the zone with a bearish doji candle(s) or bearish engulfing candle.
Disclaimer:
I am not a professional trader. I've studied the markets myself with self-education, which means some of the information I'm sharing is potentially wrong!.
Disclaimer:
I am not a professional trader. I've studied the markets myself with self-education, which means some of the information I'm sharing is potentially wrong!.