Entry:
Shorting off the 61 fib at resistance
Entry signals
Would like to see doji, bull hammer etc
Exit:
Ultimately at the daily
Early exit:
Mabye down towards 38 if it looks like turning?
Duration:
Honestly no idea. Hopefully a few days.
Notes: I realise if this retraces any further we may be looking at a trend change. Obviously I would not enter if this broke above structure and 61.
Shorting off the 61 fib at resistance
Entry signals
Would like to see doji, bull hammer etc
Exit:
Ultimately at the daily
Early exit:
Mabye down towards 38 if it looks like turning?
Duration:
Honestly no idea. Hopefully a few days.
Notes: I realise if this retraces any further we may be looking at a trend change. Obviously I would not enter if this broke above structure and 61.