The only problem with trendlines is that price doesn't always obey them. The only problem with fib lines is that price doesn't always stop at the fib, but will crash on through by a bunch of pips to present a tail before price finally sticks to the fib line sticks. The only problem with everything is that nothing is perfect, including the pincher chart, but with tight stops, that chart is like a lit up runway pad to me when I'm looking for a place to take off or land. It's either a good landing or I touch the tarmac and lift off again to circle around for a better landing.
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