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- TomaszG replied May 11, 2011
image In the last few days we have seen a very choppy action. Although, I have decided to redraw the Fibonacci levels the studies are still showing us a potential for bearish extension. The key level is the old daily trend line and the 50% Fib ...
- TomaszG replied May 3, 2011
There are two ways to calculated these levels. I will attach as many screenshots as possible. In case of consolidation I would draw the fib levels from the bottom and place the 61.8% right on top of the consolidation. Second option is to draw it ...
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