AMC LONG intraday fibonacci trading $AMC
Intraday trend likely DOWN
We can take BUY positions at these fibo levels :
N1: 46.05
N2: 38.96
N3: 27.50
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (11.65)
TP could be @ Fibo level 0 (57.51)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
We can take BUY positions at these fibo levels :
N1: 46.05
N2: 38.96
N3: 27.50
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (11.65)
TP could be @ Fibo level 0 (57.51)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
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