Here is another example of the the -23 % Fib level used as an initial profit target.
Currently CL (02-23) just hit its profit target at its -23% fib at $75.61. The algos / traders went short at the 50% retracement level (76.15) and took profits at $75.61. CL I've go t you covered!
Trading What I See
DYOR
IVZ - Chart, page-510
-
- There are more pages in this discussion • 426 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
