for example let's say H1 is pointing up and targets are calculable (has crossed level 50 stoch)
- Find the lowest price of the candlestick that is vertically aligned with the lowest level stochastic (valley). Put the price in the Low row (B2)
- Find the highest price of the candlestick that is vertically aligned with the stochastic line that has crossed level 50. Put the price in the High row (B1)
- You'll get several numbers in R (D column) and S (E column).
- What you need are the ones in the R (Resistance)...Ignored
Fib calculations.xls 44 KB | 139 downloads
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