whatever07......appreciate the reply. I have my fib layed out now where yours is on my 30 minute chart and we'll see where the price action hits fibs from here. My prior fib layed off prior swing high/lows on the 1 hour and larger charts didn't show any real alignment between price action and fib lines. Very frustrating. Still a matter of "which trendline, or which pivot, or which adr line, or which congregation of different fib overlays will the price stick to and reverse at. With all the slop in where price action turns on the fibs especially considering the tails, there can be lots of pips difference between price reversal and which candle the fib locks its close at. I'll continue laying the fibs down but I'm not overly enthused.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.