BTCUSD LONG Fibonacci extensions for intraday trading $BTCUSD

These are the Fibonacci retracements I am watching for BTCUSD today :

N1: 39784
N2: 39104
N3: 38165

Current intraday trend likely DOWN

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 5.618 (37066)
TP could be @ Fibo level 0 (40883)

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