Short Term Trading Weekend Lounge: 16 - 18 Apr, page-29

  1. 7,636 Posts.
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    Hi all, to help me with my Fibonacci studies, wondering whether which one of these placements would be correct, A or B? Plotting the tops is fine, but always have trouble with finding the right base to choose from. The texts all say 'recent swing low' but how do we know which swing low? Thanks for any guidance here.
    https://hotcopper.com.au/data/attachments/3101/3101819-95206e6126b73a1655ffc8daf337521b.jpg
    https://hotcopper.com.au/data/attachments/3101/3101820-7858326dee1baca663d6d77cb6350da8.jpg
 
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