Swing trading strategy : trendline break (big candle closing above the trendline in the opposite direction) + Fibonacci levels + RSI divergence .
Also note that you can move your stop loss when tp2 (161.8% fib level) is hit, put it below the tp1 (100% fib level) .
The market will usually move up after the pullback to 61.8% or 50% Fibonacci retracement after gaining liquidity due to all the pending orders that are activated in this zone.
Also note that you can move your stop loss when tp2 (161.8% fib level) is hit, put it below the tp1 (100% fib level) .
The market will usually move up after the pullback to 61.8% or 50% Fibonacci retracement after gaining liquidity due to all the pending orders that are activated in this zone.