Persephone_AM

Fibonacci Trading And Price Action

Long
Persephone_AM Updated   
CAPITALCOM:US30   Dow Jones Industrial Average Index
Fibonacci price cluster setup on the 15-minute timeframe identifies sensitive support levels in the buying direction.
Set up clear display of expected buy points, stop loss points, and take profit points for a trade.
Trade active
Comment:
Currently the price has broken through the Fibonacci price cluster that stopped the price from going up a few times, but currently the crowd is in agreement that the price will increase. I think you should not jump into selling in this chart pattern. Don't try to block the train with your body
Trade closed manually
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.