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The power of Fibonacci

1.Draw trendlines lines to determine market direction.2. Find and mark the lowest low of the uptrend or the highest high of the downtrend.1. When Section A is complete find and mark the lowest low of the uptrend or the highest high of the downtrend. Two candlesticks to the left and two candlesticks to the right higher than the center wick low.2. Find and mark the very first high after the first low. Two candlesticks to the left and two candlesticks to the right lower than the center wick low.3. …
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The power of Fibonacci

1.Draw trendlines lines to determine market direction.2. Find and mark the lowest low of the uptrend or the highest high of the downtrend.1. When Section A is complete find and mark the lowest low of the uptrend or the highest high of the downtrend. Two candlesticks to the left and two candlesticks to the right higher than the center wick low.2. Find and mark the very first high after the first low. Two candlesticks to the left and two candlesticks to the right lower than the center wick low.3. …
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Translate to English Show original
orto leave comments
Avatar

The power of Fibonacci

1.Draw trendlines lines to determine market direction.2. Find and mark the lowest low of the uptrend or the highest high of the downtrend.1. When Section A is complete find and mark the lowest low of the uptrend or the highest high of the downtrend. Two candlesticks to the left and two candlesticks to the right higher than the center wick low.2. Find and mark the very first high after the first low. Two candlesticks to the left and two candlesticks to the right lower than the center wick low.3. …
Read full story
Translate to English Show original
orto leave comments