If using fibonacci in consolidation, the level of 2618 coincides with the red line which is the ADR of the last 20 days.
The average that has been walking in 20 days.
Normally 2618 is the correct limit in this region which is close to a 1 to 3 trade.
But I got a little discouraged with the last stoploss.
The average that has been walking in 20 days.
Normally 2618 is the correct limit in this region which is close to a 1 to 3 trade.
But I got a little discouraged with the last stoploss.