AMC EntertainmentShort
AMC SHORT intraday fibonacci trading $AMC #nakedshorts
Intraday trend likely UP
We can take SELL positions at these fibo levels :
N1: 59.65
N2: 64.73
N3: 72.94
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (84.29)
TP could be @ Fibo level 0 (51.54)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
We can take SELL positions at these fibo levels :
N1: 59.65
N2: 64.73
N3: 72.94
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (84.29)
TP could be @ Fibo level 0 (51.54)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
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