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Fib-Level reached. Good chance for a big profit.Fib-Level reache
After a huge selling, we reached the standard retracement-level. I expect now a long trend to the highest high. We get the best risk/reward ration if we close our trade on half way in case of a correction of the short trend.
A good entry is given, if we wait until a long candle arrives and further long signals are created, e.g. by MACD or RSI, which signals our direction change.
If price moves lower the fib-level, do not trade!
A good entry is given, if we wait until a long candle arrives and further long signals are created, e.g. by MACD or RSI, which signals our direction change.
If price moves lower the fib-level, do not trade!
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