Hi @trader_10
not a lot of time to look for the charts and your Fib settings discussed....
mine runs from the last low .025 giving .090 which coincides with the 7 day channel low
the intraday shows the strength of trades below this is only moderate ..Unfortunately I dont have a current live intraday feed to look for a more accurate RSI divergence....It does appear the Algos are still active ....The next support is the previous 80 resistance and again corresponds with the next Fib.....
I have a trailing stoploss on a template which kicks in at 86...it does use Average True Ranges (not enough time to fully explain it beyond the backtesting on the chart) would appear you have support and picked the low on your own( 88 was certainly close enough...)best of luck with it....regards john
this is 20 minute delayed data and doesnt show the last drop and recovery to .09
Hi @trader_10 not a lot of time to look for the charts and your...
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