Range trading $FB move easy. See detailed chart notes.

Range trading $FB move made easy. See chart notes. #daytrading #swingtrading #charting

The triangle highlighted is your range. Near bottom of range (when price bounces off a horizontal Fib line) long until a horizontal Fib line causes resistance then trim your long appropriate.

Every time price breaches a Fib to upside add or continue your long. When price gets near top of triangle trim your longs heavy and when it turns go short side in same way (opposite) of the long.

The dotted diagonal blue lines are trading quadrants that are an excellent tool for traders.

This is an easy way to trade it. I will be coaching / trading this live when our new coaching location opens to show how simple it is to do in real-time.

Knowing how to model the charting is the important first step also:) Then just trade it.

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