Here is a Weekly Chart with Fibo Retracement as follows:
Bottom 11-17-2006 at 1.8834
Top 12-1-2006 at 1.9846
Retracements
38.2% - 1.9455 (Reached this point alredy - now second time re-visiting)
50% - 1.9335 (Low so far 1.9396 - 61 pips away from this Fibo)
I only placed these two targets and not the 61.8%.
Also, along with this chart, I have many other Charts (GBP), Indicators, Strategies, and calculations that support this retracement range.
I could not place all this on the thread, It would be taxing on me, and every one here would leave.
I have much more data to review today, which I perform everyday between US Open and London Open.
Bottom 11-17-2006 at 1.8834
Top 12-1-2006 at 1.9846
Retracements
38.2% - 1.9455 (Reached this point alredy - now second time re-visiting)
50% - 1.9335 (Low so far 1.9396 - 61 pips away from this Fibo)
I only placed these two targets and not the 61.8%.
Also, along with this chart, I have many other Charts (GBP), Indicators, Strategies, and calculations that support this retracement range.
I could not place all this on the thread, It would be taxing on me, and every one here would leave.
I have much more data to review today, which I perform everyday between US Open and London Open.