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#SHIBAINU #HotTopicDiscussion
Trading Idea.....📈
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 0.000016/61.80%
Chart time frame: B.....🤑
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: B🏮🏮
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day....................📈
⏩As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
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