Disliked{quote} I didn't take this trade as I was not looking at this pair. However I recently posted on the use of BG's fib use as a good tool to add to our arsenal. The example I used was that once the fib was started as BG states, we also start a reversal fib from the projected 0 level. If price goes beyond the first fib, we can use the second fib for extension targets. In the case of the GJ, we can see by dropping to the H4, price had closed below and retraced to the shadow which is also the 78.6 and 23.6 fibs. The shadow then turned red and price continued...Ignored
15 YEARS OF PASR ON FOREX FACTORY!