TR7z

NASDAQ100 - FIB experiment !

CURRENCYCOM:US100   NASDAQ 100
Hy trader !

This NASDAQ100 6h chart is a combination of Fib channel,Fib Circle, Fib retracement and Fib time !


No trading advice !



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Thanks for reading my idea,

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Kommentar: risky short trade

Kommentare

@thecryer what do you think of this chart .Criticism welcome
+1 Antworten
@TR7z, if think it's cool but my point of view with Fibo is it could creates Delays parasiting the chart when you use it with small TF like 6h. i prefer use it on D1 TF minimum.
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TR7z thecryer
@thecryer, whats parasiting,you now.my english is junck
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@TR7z, Like when you look the chart from too close, i like to enlarge chart to go more in the past. that's why i use more High TF.
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@TR7z, no worry bro, i am not native english also and your english is ok !!!
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TR7z thecryer
@thecryer, thanks
+1 Antworten
Fib experiment rules
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TR7z Floxydaxi
@Floxydaxi, yes bro
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I did the same thing and true there are patterns here, but nothing I couldnt find with traditional support lines. Try Gann box maybe. I now look at Elliott waves and find that much more precise. There is an important Elliott level confluence 1-3 extension 1.681 at 14150. Looking forward to a reaction here. We are in wave 5,5,5 so 12 years correction on the way. Now I see it as we are in a corrective triangle about to take the last leap up before the correction maybe in a week or maybe in a month
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nice job 👍
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