Before making any trade I set profit targets and stop levels based on a quick Fibonacci Review to establish key relevant areas of support and resistance.
There are so many ways to use this powerful analysis but for a quick trade review I use a very mechanical process.
Take a look at this Fibonacci revue of SPY, XLE, XLF & TSLA …

Larry Gaines
President/Founder
PowecycleTrading.com

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