As shown in the video - I found a previous high and thats where i started to connect it to the most recent low and back again to the most recent high where I believe price will start going down. This can be done in the same way if you are taking a long position but by starting with a previous low, connecting it to a most recent high then back to the most recent low. I hope that makes sense aha.
To put into simple terms:
Short - High > Low > High
Long - Low > High > Low
Recently I have also been setting two areas of TP. Using the fib expansion tool I set my first TP at the 61.8% fib level and the second a the 100% fib level. Once it reaches the first target I would then make a descion on closing in partial profits and let the remaining run to the second target or close the positon entirely.
Hope this helped :)
comments and/or suggestions highly appreciated and I hope this helped atleast one person :)