Cabot101Management

Fibs Lesson coming soon PM me for details .....

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Okay everbody ,

Here is a classic example of trading with Fibonnacci levels , We are bearish this pair , so we have entered short again for another leg down on the 0.618 fib line @ 0.6110 and were gonna ride it down to the 0.6060 area where the buyers stepped in last, and this happens to be 0.618 to 0.618 so lets see how we go ....

#LoveFibs

Happy trading .... :)
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.