Approx 32% gain from current PA to 1.618 Fibonacci. Target Price Limit Sell: 188-211 USD Suggested Take Profit: 1.272 Fibonacci (168 USD) Invalidation Zone: Under 129 USD
Please allow 2-14 days for Swing Not financial advice, DYOR
I would really like to understand this more how it works entry points etc where is a good place to learn all this many thanks
jalapablo
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@Andystret, hi, I suggest studying VSA (volume spread analysis) in conjunction with Wyckoff trading range schematics, along with orderblocks and how they relate to Fibonacci extensions and retracements. I do tutorials on these in my group, but you can find all this stuff for free on the internet. Good luck
Andystret
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@jalapablo, brill thanks you make it sound so simple l . So on your post where is the entry point
jalapablo
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@Andystret, obviously the best entry is when the price is still range-bound when I first upload them to the trading group. By the time they get here they've usually run a bit so anytime is good, ideally during a retest.