Supply & demand is the key to limiting the distance of price movement and
as a projection to correction and price reflection.
Combined with trend gauges such as EMA and overbought/oversold
also makes the position stronger/regular.
HOW TO SET UP FIBONACCI KEYLEVEL GCOV5 SETTING INPUT
Application of PIVOT POINT ( PP gray) and combined of 2 set Fibonacci keylevel
>5min chart timeframe
as a projection to correction and price reflection.
Combined with trend gauges such as EMA and overbought/oversold
also makes the position stronger/regular.
HOW TO SET UP FIBONACCI KEYLEVEL GCOV5 SETTING INPUT
Application of PIVOT POINT ( PP gray) and combined of 2 set Fibonacci keylevel
>5min chart timeframe
Nota
Here was an example of a trading strategy using the auto key level GCOV5. How it works,BTCUSD, 1H, combined Weekly & Monthly FIBONACCI KEY LEVEL
While if PP ( now as support) breakdown next, we’ve to assume that it will move down to S again. This is because prices will not continue up/down to straight forward. it moves in liquidity behavior. While FCPO lacks.
DISCLAIMER: NOT A BUY/SELL CALL, ONLY IDEAS AND RESEARCH ANALYSIS BASED ON INDICATORS. TAKE IT AT YOUR OWN RISK.
Operación cerrada: objetivo alcanzado
FCPO updated!!! BTCUSD updated!!! Hit TP from the best buy zone!
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.