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23.6 Fibonnaci cross

 
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23.6 Fibonnaci cross

Watch for price action approaching or crossings the 23.6% Fibonacci level. If the candle closes above or below that level look to take a quick trade to the next two levels; 38.2% and 50%. Make note that if the 'trigger' candle closes too close to that next level the probability of the trade decreases.

Wed, 11/28/2018 - 10:17pm