Targets based on Fibonacci

This indicator draws the projections of Fibonacci above the yesterday high and below the yesterday low.  Why? 

1) First of all, in this you can take the pulse of the market (trend or range). For instance If the price runs above yesterday's high the trend is UP. 

2) In this way you will have automatic targets for the trend
3) you can wait the market on excess levels for contrarian and low risk trades.
If you buy the product feel free to contact me for additional tips or info.
I wish you all the best with your trading

Giovanni
 


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