Persephone_AM

Fibonacci Trading And Price Action

Long
Persephone_AM Updated   
OANDA:USDCHF   U.S. Dollar / Swiss Franc
Setting up a Fibonacci price cluster coincides with resistance, Setting up a price cluster with a sensitive top and bottom and a price cluster coinciding with resistance proves that this is a rather sensitive point.

- A small order suitable for accounts with clear stop loss is the first priority.
Trade active:
If the price slips past the 100% mark of a previous downtrend, it can show a long slide down, otherwise it will come back like a rubber band when stretched.
Comment:
I still hold a small order when the price surpasses the 100% mark.
244USD for a working day, enough for gas and coffee
Trade closed manually:
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