Dash looking primed for a small move upward on 1hr Fib. Get in at green line, stops on either grey line, profits at golden lines. Can look to short 100% line down to 50% if it doesn't blast through to 200% line. NOT TRADING ADVICE. NOT FINANCIAL ADVICE. TRADE SAFE.
Comment:
its a fib within a fib for those of you that are wondering. targets are at the fib closest to current price. (the smaller fib)
Comment:
UPDATE: Its bouncing around around stop loss lines. I use the lower two grey lines the (0%) and (-12.5%) lines as where I place my stops to keep my risk reward at 3 to 1. This way you can get into positions with minimal risk.
Comment:
Got stopped on this one hour fib. Larger time frame fib still in play.
Trade closed: stop reached
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