Hi! Simoneg,
Need clarification from you. On your video, you mentioned that the intraday hi/lo fib has to be adjusted if the following conditions occured:
1. the previous hi/lo (level 100/0) is broken followed by a pullback to 80.9/19.1 level and beyond.
2. the #1 target is achieved followed by the pullback.
3. both #1 and #2 target are achieved.
On no. 2: you did mention about the pullback, but didn't really mention specifically about the level of pullback.. do we need to adjust the fib as well eventhough with the small pullback towards 100/0 level?
On no. 3: you did not mention about pullback at all. So, do we also need automatically adjust the hi/lo fib once both target are achieved without considering a pullback at all?
Tks in advance...
Need clarification from you. On your video, you mentioned that the intraday hi/lo fib has to be adjusted if the following conditions occured:
1. the previous hi/lo (level 100/0) is broken followed by a pullback to 80.9/19.1 level and beyond.
2. the #1 target is achieved followed by the pullback.
3. both #1 and #2 target are achieved.
On no. 2: you did mention about the pullback, but didn't really mention specifically about the level of pullback.. do we need to adjust the fib as well eventhough with the small pullback towards 100/0 level?
On no. 3: you did not mention about pullback at all. So, do we also need automatically adjust the hi/lo fib once both target are achieved without considering a pullback at all?
Tks in advance...