Dislikedreally just fib expansions and retracements .... kind of if retracement does not go above 50% of last move down then price action is still bearish
now on gu we get reatracement no higher than 1.6520 asnd by plotting fib expansions we should get a 78.6 to 138 fe .... giving us targets 1.6345 , 1.6293 and 1.6200
then at each price zone we watch for reaction to the fib levelIgnored
cant work out how you are drawing those FE's though, in MT4 I drag from the 0 point to the 100 point and it then gives the extension levels 1.618 etc. cant wor out how you have the 100 point all the way down there hmmm