RXLI had 50% fib retrace at 6.5c amazing how it works LOL38.2%...

RXL

I had 50% fib retrace at 6.5c

amazing how it works LOL

38.2% fib at 7.8c but that wont come into play until 6.5 gets broken & holds

I got some at 5c, expected some overshoot down below 61.8% fib of 5.4c

a bit more overshoot than I expected, down to 4.6c

but under 61.8% fib was still a good entry for a bounce

might be wasting my time here as you probably all know already

just my own interpretation of fibs (I admit might not be as accurate as Pete's)

but most of these bounce trades actually worked for me

It aint perfect tho, that MEU retrace, my fib worked out a disaster LOL