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Thread: Fibonacci Trading

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#75 (permalink)

02-10-2008, 07:08 PM

Blaiserboy Blaiserboy is offline

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Join Date: May 2005

Posts: 492

Attached chart is the highest time frame I use for regular trading, I have on it Harmonic levels
which also give some idea as to support and resistance.

I have drawn a magenta line from January 23 high which may be resistance to an up move (approx 155.79)

I also placed a Fib line on the recent decline.... I feel there is going to be resistance to the up move in that area.....

We will see how the drama unfolds.....!

Attached Images

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