DislikedAh yep...good point aswilled.
The thing I've been trying to work out with this method is when we pull the breach fib this way, why is the 50% level important or rather why does it act as S/R? In that example I gave there are lower lows in between the low for the breach fib and the high. Pullling to that high back on May 6 from the intra day low with the lower lows from previous days in between seems weird. I can't get my head around the logic. Why does it work? It wouldn't appear to be a level that other traders are looking at?Ignored
A. Finesse Williams
Making Millions One Pip At A Time!