Very quickly done, excuse fib numbers on AB=CD.
1.618 extension should be very clearly 1.16. Cross through line from X and B would also correlate.
What is SUPER interesting here is you can clearly see the Fibonacci Extension ratios being used as support and resistance time and time again in the up trend. Very exciting and interesting to see!!!
Do not trade on my graphs I am a newbie mucking around.
1.618 extension should be very clearly 1.16. Cross through line from X and B would also correlate.
What is SUPER interesting here is you can clearly see the Fibonacci Extension ratios being used as support and resistance time and time again in the up trend. Very exciting and interesting to see!!!
Do not trade on my graphs I am a newbie mucking around.