Monday -- Start of a new week
Nikkei 225 has traded to Land(H1) and find support and the moment. Base on FIB, if price were to drop further, the next support would be at 423% of this down-FIB. (It can also turn support to resistance if market is weak. If that is the case, deploy e-FIB).
For intra-day players, to sweep a small nice daily profit from "land" are complete before 1pm.
[Using sample teaching size of 25 lots with money management entry & exits].
Have a nice trading week and happy FIB-ing.
Extract from CNBC today... for the traders who love NEWS :)