Re; Fib. Level Ret. Points
Hi James,
I read somehere on this thread that in order to find price retracement levels on 15min chart, Fib. Analysis need to be done on 4HR chart.
Can you pls. tell me @ which point on the attached chart do i start plotting Fib. Ret. (Point A or B or C) to the LOW Swing point shown by Red Horizontal line ?
Note: that the Trend began it's DOWNWARD move from Point A.
Thanks - Stef
|