This trade will only make sense for an entry if we see a trigger on a lower time frame chart.
Carolyn Boroden, Fibonacci Queen
Simpler Trading: Options, Futures, Fibonacci, Forex, Stocks, and More. Learn best practices and strategies for trading by joining the Simpler Trading community. John F. Carter, a successful trader and entrepreneur, leads community members through live trades daily while explaining strategies, significant market opportunities, and indicators that work. Together, newbies and experienced traders alike share knowledge and experience, supporting each other in an active trading forum.
Professional traders on staff at Simpler Trading:
John F. Carter [Options, Founder and CEO of Simpler Trading] Henry Gambell [Options, Technical Analysis] Raghee Horner [Futures and Forex] Carolyn Boroden [Fibonacci Analysis] @Fibonacciqueen
Bruce Marshall [Options] Neil Yeager [Futures] David Starr [Futures & Elliott Wave] Eric Purdy [Thinkscript & tools] Darrell Gum [Tech & tools] Tucker Stipe [Options] Dr. John Clayburg [Options & Stocks]