what is the using of parabolic patttern? when will trendline breakout fib 60% tracement target, I saw this pattern recently read in my book ,priceaction oldschool trading like a price action strategy(book);
see will work or not !
above breakout 1924 ; target is 1928 t0 1937 pink trendline breakdown below target is 1890 to 1884
today is month end goodluck
caution: use for reference , just think above or below good