Muhammad_syafiee

Simple fibonacci trading 62% Tp and Long. 3000 pips!

Long
CURRENCYCOM:US30   Dow Jones Industrial Average Index
connect 11 may low - 22789 to 8 june high 27636. You will see at 62% 24641 was your take profit if you followed the opportunity last Thursday to go short. it would have given you 2000+ pips. Some are afraid of last Friday's close because it hit 50% and bounced up. again, the golden numbers are important. 62% and 162%. Find your rhythm, I'm a fan of standing aside and let the market come to me at the level I get the best results with. you would have also seen an opportunity now to go long at 62% after it closes above 24641. you should be at 1000 plus pips up now. plucking the right highs and lows are important. look at the bigger picture and zoom in to the smaller time frames. e.g, fibonacci drawn on weekly, executed on daily TF. Tc and be safe.
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.