Disliked{quote} Hi Phantom .. I don't understand what do you mean by "Consider setting FIBO on closing high or closing low of this candle" can you explain at chart please thanksIgnored
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In this case I would of placed my FIBO 50% line on the Closing Low since it was a bearish candle.
In 1 hour 45 minutes it should be safe to place your FIBO on GBPUSD or GBPJPY
or just wait for NEW YORK Session.