DislikedThanks Jenx. I thought you are talking something in the context of this simple scalping method. But good to know about the 0.70 level of the fib also.Ignored
When I was experimenting on M1 I would wait for the situations would fail (price riding the bands then changing trend) and found that all too often they came back for a good trade from this level.
Where price is now, it has been before, and will be again.