Here is my very rough analysis on Nasdaq
If we break below this parallel channel, you can
take sells till 17242.6 which is the 1h fib level golden zone
entry
If we break the 17242.6 hold sells till
the 0.382 level on the 1H which is 17103.6
as TP 2
or
If we break the current High of 17470
take buys but only hold till potentially
17670 which is the entry point on the
fib trend line extension
If we break below this parallel channel, you can
take sells till 17242.6 which is the 1h fib level golden zone
entry
If we break the 17242.6 hold sells till
the 0.382 level on the 1H which is 17103.6
as TP 2
or
If we break the current High of 17470
take buys but only hold till potentially
17670 which is the entry point on the
fib trend line extension