DislikedOk . plot the fib on the last move from 199.75 ish to 209. Those are the fibs that you need to watch on this move down
Each fib can be thought of as a support line. If it is broken the price tends to go the next line down.
38.2 , 50 and 61.8 fib lines are areas where you should look for any kind of reversal. NOte on the move down the GJ reversed up off its 50% fib level of the 199.75 to 209 move. Now if it comes back down and breaks that down to the 61.8% at 203.46 we go.
That simpleIgnored
thanks for the help....i will plot them and also try to follow price action off them
"Keep your eyes on the helpers" - Mr. Rogers