DislikedHey, Josh.
I am just a rookie, but I believe that a Fib may be drawn from a High to Low or from a Low to High depending on the direction of price. In a downtrend, a Fib is drawn from a significant High to the most recent swing Low. In an uptrend a Fib is drawn from a significant Low to the most recent swing High. In the chart that Ghous posted, his Fib was drawn within a "mini" uptrend, hence the upside-down Fib. A better explanation may be found here.Ignored
http://www.forexfactory.com/showpost...ostcount=22673
Or am I just way off here...
Josh