Fibonacci discussion - page 3

 

conitnue

Sorry, Forgot to post a chart before:

In the chart we have a first swing depending on which TF you are looking A-B which is an up swing.. if i start taking projection then i will take the Fibo projection tool from MT4 and start from Point A to Point B and the third Leg which is given by this tool will go to Point C which is the ( expected end of retracement ) if in live market.

I love fibonacci as well.

Reason: