As you can see the Fibonacci indicator gives me the CONFIDENCE to set RISK/REWARD Objectives. If it keeps going up I stay long and move my stop loss up as the price continues to go up. If the price hits my stop loss, I then open a short position.
Visit my indicators and favorite it from here. Code is posted along. If you like my efforts then coin me. :)
Visit my indicators and favorite it from here. Code is posted along. If you like my efforts then coin me. :)
