DislikedYo Speedard you fibmeister!
I must slow down when I'm am posting.
Yes, 138.2 ext would be the long term target if price breaks the 0 line, assuming the fib is good. The trigger for entries is the breach of the 0/100 line.
The 138.2 ext is 137.46. I just typed 137.00 as an approximation.
No I am not in this at all. This would be for the main direction only.
I am testing demo trades on the 1 hour only.
I'm just a novice, so don't take my charts seriously. I'm posting as I see it. Can't say if it's good or not.
Cheers
SKIgnored
That's no problem ,bud, just try to figure out what you're doing. I know you can use fibs in many different ways and if that works for you , that's all that matters. I agree with main direction if we breach (0;100) level but it would be a long shot ,cause this wave would have at some point, some sort of retracement.