looking to short BTCUSDT 4H, used the fib ext+ STOCH indic
the entry point will be 62377.51
TP1: will be the 61.80% of fib ext
TP2: will be the 100 % of fib ext
SL : will be the 64275.51
good luck
*******************************************
Fibonacci extensions are a tool that traders can use to establish profit targets or estimate how far a price may travel after a pullback is finished. Extension levels are also possible areas where the price may reverse.
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Gann fans are a form of technical analysis based on the idea that the market is geometric and cyclical in nature. A Gann fan consists of a series of lines called Gann angles. These angles are superimposed over a price chart to show potential support and resistance levels. The resulting image is supposed to help technical analysts predict price changes.
the entry point will be 62377.51
TP1: will be the 61.80% of fib ext
TP2: will be the 100 % of fib ext
SL : will be the 64275.51
good luck
*******************************************
Fibonacci extensions are a tool that traders can use to establish profit targets or estimate how far a price may travel after a pullback is finished. Extension levels are also possible areas where the price may reverse.
************************************************
Gann fans are a form of technical analysis based on the idea that the market is geometric and cyclical in nature. A Gann fan consists of a series of lines called Gann angles. These angles are superimposed over a price chart to show potential support and resistance levels. The resulting image is supposed to help technical analysts predict price changes.
Trade closed: stop reached