Okay so I'm mainly using support and resistance lines to determine new highs and lows as well as broken confluence structures to help indicate where price has been, as well as where price is generally heading. My emas help test where my " golden zone " on my fibonacci is setup, I'm new to trading and would love feedback, the published chart is just what I'm currently using to help me indicate where price is heading. When it comes crunch time I'll post my locked in setup, including my finale fibonacci layout with my target prices and stop losses.
Commentaire:
Now that I can see the chart lol.. the golden area is my 3rd level of support. The level of resistance is obviously an old level, ( old support becomes new resistance ) so go by that info to find my new resistance levels