Fibonacci ratio, Many traders know this, but few know how to apply it.
- three market ranges (1,2,3) which range defines
- the 50 percent division at 6926.8.
Let's check the shortest range (3):
Look at "a" and "b"
another range (2)
Look at "c" and "d".
Let's check the whole picture.
The range of applied for the fib. retracement if perfect known after applying everything above and confirmed.
I am going to remove everything and just keep a 50% division of range.
Now check out this both range of "a" and "b" marked.
God bless you . When people struggle in darkness ... your kind are the light !
Keep it up
A fan of yours.