Disliked{quote} You can use the fib tool to locate potential minor candle retracements for limit orders. In many instances if not most instances, the high and low of the candle will already be established minutes before the candle closes, giving you time to set up the fib tool in preparation for your limit orders. But if the candle body does not close above the high or below the low of the previous candle (depends on whether it is a bullish or bearish candle), then it would be best to wait for further data before placing limit orders. See example. {image}{image}...Ignored
Thanks for your beautiful charts!
Can you open a new thread to explain your method in more detail?