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- sachin replied Nov 9, 2006
Chart-4 — chart:4 6th Nov.'06 $/Jpy 15-min One can see on the chart, price went acorss 100% fib which is Low of 6th and tried to touch 121.4% But could'nt, Retraced back to 78.6% and droped straight to 161.8% where u can see all the hesitation ...
- sachin replied Nov 9, 2006
Chart-3 — chart:3 6th Nov.'06 $/Chf 15-min On 7th Nov. price crossed 121.4% and nearly went to touch 161.8% but didnt and retraced back and then on 100% which is previous days low it bounced and the straight down to 261.8% Cool isn't it....
- sachin replied Nov 9, 2006
Chart-2 — chart:2 6th Nov.'06 Gbp/$ 15-min One can see price on 7th nov. went to 121.4% retraced towards 100% (which is circled in Red) and then straight to 200% fib line where it toped out and all the hesitation occured.
- sachin replied Nov 9, 2006
chart-1 — chart:1 6th Nov.'06 €/$ 15-min Here one can see how did the fibs played a nice role in predicting the market. One can see a bounce at 78.6% and then straight at 161.8% went up abit to touch 200% but couldnt retraced down hasistate at ...
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