Replies to post #79979 on Simple's Green Room

[bioscript]

Jav, the fib and TL meet around 0.8359. Drawing channels is tricky and there can be differences between brokers so that may be the reason why you are not seeing the exact same prices I am. But the key is to get an idea where price is likely to turn. If I can't watch the charts, I will set limit orders. If I can watch then I switch to a smaller time frame and look for typical reversal type patters like double tops, divergence, certain types of candles like pin bars or bearish/bullish outside bars or inside bars.