PZ Day Trading with Fibonacci Trend and Support and Resistance

PZ Day Trading with Fibonacci trend and Support and Resistance is trend momentum price action system suitable for day and swing trading based on PZ Day Trading, fibonacci indicators and momentum indicators.

Features of PZ Day Trading with Fibonacci Trend and Support and Resistance

Style Day Trading Swing trading

Type: Trend Momentum Price Action

Time Frame 5 min or higher.

Currency pairs: Any

Profittability High.

Plataform: metatrader 4

Trading Rules PZ Day Trading with Fibonacci Trend and Support and Resistance

Buy

MACD Scalper colour green

SR indicator green dot

PZ Day trading indicator buy arrow

Fibonacci Trend indicator should show “Buy only”

Fibonacci Scalper green

FXVDA green

Green upper arrow

When all the above confirmations appear together, enter the Buy trade.Place stop loss for lower low level or nearest support level.Exit from the trade when appearing opposite arrow or resistance line.

Sell

MACD Scalper colour red

SR indicator red dot

PZ Day trading indicator sell arrow

Fibonacci Trend indicator should show “Sell only”

Fibonacci Scalper red

FXVDA red

Red lower arrow

When all the above confirmations appear together, enter the Sell trade.Place stop loss for higher high level or nearest resistance level.Exit from the trade when appearing opposite arrow or support line.

In the pictures examples of trades with PZ Day Trading with Fibonacci trend and Support and Resistance.