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Good point, the 62 fib break is very important otherwise it's...

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myleogb

5,542 Posts.

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19/01/22

12:29

Post #: 58973777
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Originally posted by W3hunter: ↑

There was another DB on DLC (daily chart) but price never closed above the 62% Fib..when it does close above the Fib the 5 and 13 ema`s also crossover right there that's how we confirm it ..good system this one, Fib grid over the last leg down to the 2nd bot then buy the close above 62 Fib and 5/13 ema cross View attachment 4007435

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Good point, the 62 fib break is very important otherwise it's just another false breakout
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