Using the Fibs as Overbought and Oversold

Edukasi

Kontrak Berjangka E-mini S&P 500 (CME_MINI:ES1!)

CME_MINI:ES1! Kontrak Berjangka E-mini S&P 500

Fibonacci ict ictconcepts ictsetup icteducation

fibonacci ict ictconcepts ictsetup icteducation

I used the latest swing high and swing low. My bias was short so I looked for a premium price to sell from. From the 50% and above are premium prices, next I looked for the candle responsible for an impulsive move down. Marked that candle. Also on the M5 I noticed a clean high, and I used the entry method of A STOP RAID as an entry. And the M1 gave me a bearish divergence solidifying the sell. Aimed for old lows to take profit or used the levels on the Fibonacci to take profit.

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