trading is not about assumption.
it's about setups based on if the pattern supports setup for entry, target, stoploss. and if the R:R ratio is rewardable. bear in mind. it's about TA and act on it. but forever overcautious waiting.
trade safe.
use base as fib 0236 to find fib 1. that's where hype fib counting wave 3 is at.
then if it goes with hype fib counting, then
wave3@1
wave4@0.786
wave5@2.618
in the same hype fib counting.
in wave 3, sub wave counting with
sub wave 3@0.786
sub wave 4@0.618
in wave 5, pay attention to the fall scenarios of
2-0.618
1.618/1.414/1.272 all down 2 fib levels (such as 1.618->1.272 or 1.414->1 or 1.272->0.786)
ontusd view
it's about setups based on if the pattern supports setup for entry, target, stoploss. and if the R:R ratio is rewardable. bear in mind. it's about TA and act on it. but forever overcautious waiting.
trade safe.
use base as fib 0236 to find fib 1. that's where hype fib counting wave 3 is at.
then if it goes with hype fib counting, then
wave3@1
wave4@0.786
wave5@2.618
in the same hype fib counting.
in wave 3, sub wave counting with
sub wave 3@0.786
sub wave 4@0.618
in wave 5, pay attention to the fall scenarios of
2-0.618
1.618/1.414/1.272 all down 2 fib levels (such as 1.618->1.272 or 1.414->1 or 1.272->0.786)
ontusd view
