Talking about Fibonacci Fan percentage set points crossing a fan line with out stating the start and end points of the fan and the dates you are using are meaningless. Stating a .25% and .50% on a daily and 60 min. chart, (hopefully a candle cart), are you referring to fan extension lines or retracement lines.
Fans are usually use to predict future moves either up or down to the point they may be expected to change direction on the run of a current stock movement either up or down. They are not considered very reliable on a short term run.
I was referring to the simple straight line graph of high points as shown on a Linear Line Chart which shows the monetary point that advancing stock prices hits resistance and start to decline, I was using a 6 month time line.
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