Heya irise, thought I'd throw in a bit more on why my reverse FIB makes sense to me ...
My unconventional way
I use FIB to try understand trend movement, so the start of the move is 0% and the end is 100% regardless of direction of the movement. In the above case, 78% of the fall brings the SP to $4.
The conventional way to use FIB is:
I'd have to think in terms of; 23% of the recovery brings SP to $4. I don't see how describe the actual movement from this .. do I say 100-23 % of the fall is $4 ... or stick with 23% of recovery ..
My little brain comprehends 78% of the fall better as it describes what the move did. I've always been different, why change now
C
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Last
9.3¢ |
Change
-0.001(1.06%) |
Mkt cap ! $236.3M |
Open | High | Low | Value | Volume |
9.3¢ | 9.6¢ | 9.1¢ | $279.9K | 3.017M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100799 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 174075 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100799 | 0.093 |
1 | 26872 | 0.092 |
5 | 217126 | 0.091 |
8 | 78333 | 0.090 |
3 | 56235 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 174075 | 2 |
0.096 | 100000 | 1 |
0.097 | 50000 | 1 |
0.098 | 51521 | 2 |
0.099 | 62499 | 3 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
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