ABC short candle long candle and agian short on 61.8 fibo of AB=CD
I took fibo retratecment and 0 is low of long candle (Bcandle the middle of patern) and 100 is high. We need to preserve value of that fibo and just move it on C candle, but fibo 0 must be on low of C candle. Break of level 50 is entry to trade and 100 is target.
I took fibo retratecment and 0 is low of long candle (Bcandle the middle of patern) and 100 is high. We need to preserve value of that fibo and just move it on C candle, but fibo 0 must be on low of C candle. Break of level 50 is entry to trade and 100 is target.
