DislikedWe can say 61.8% is broken when price is traveling from 0%+59 of upper phase and falls 42 pips below 76.4% level of current phase 76.4 is broken or 61.8 ? (in bothT4Y_1130 and T4Y_680)Ignored
not clear for me too.
it should be good to write all rules for bull and bear direction and for each fibo levels.
I'm an intraday trader, so i will use 680 for longer term view and 220 or 103 pips phases. But when i look at 680 pips template we are above 61% and we come from lower phase. So what's my next target, is it 76.4% or should i look for a reverse?
thanks for your patience with a newcomer