Disliked{quote} @Asr1: maybe I am now completly confused, but we change only expectations if the price closes below the NSL of the main swing (level in graph where the 100 % fib mark is), since the Previous NSH and NSL defines the boundaries. In between we have complex correction. For trading purposes, the fib levels 50 to 78.6 would be good entries for buy, dependent on the previous structure levels which could give support. Hope it makes sense. If I am wrong, please correct me.Ignored
Hi,
I have the same understanding thats why i was asking hovedguy because in his second pic price had moved below his main swing, but he was just showing what price would have done had he entered earlier based on the analysis of the first pic he posted.
i think thats right anyway