Hi Ctic
I have a lot of chart time in looking at fibs, compression, master candles etc. The grip on fibonacci reality is setting in.
In the posted 1h chart. Fibs were drawn from daily master candle. The highlited area was a bounce off the 61.8 fib. Would you have considered this a good entry? And if so where would you have placed your order?
For order placement I was thinking about the price breaking the 6 ema.
Rufus
Forgot chart. Next post
I have a lot of chart time in looking at fibs, compression, master candles etc. The grip on fibonacci reality is setting in.
In the posted 1h chart. Fibs were drawn from daily master candle. The highlited area was a bounce off the 61.8 fib. Would you have considered this a good entry? And if so where would you have placed your order?
For order placement I was thinking about the price breaking the 6 ema.
Rufus
Forgot chart. Next post
Illegitimi non carborundum - Noli pati a scelestis opprimi.