Simple's Green Room

[Qui-Gon Kagi]

Ok pennies........you were lining up your fibs off that previous weekly low which threw me off because it wasn't where I'd expect to lay a fib tool off of. I would have thought that only 150.28 or the bottom of the weekly demand zone I have in mind would work for bottom to top fib measure or maybe even the next true demand zone below that even .

Anyway, I see that I'm ignoring previous zone areas once they are made old by a new wave. They still count and I need to leave old zones on my chart.

Now looking at the chart in retrospect, it was an obvious good place to take the trade. Not just the 88fib but the 4 hour demand zone which was good for a bounce. At least the TRIX (5/2) and (7,5) is helping me to find confidence in those zone setups. Thanks again for the chart.