Technical Analysis Using Simple Charts

#22
You could also zoom out and take the even bigger swing to plot your Fibs. But, if you notice, it does make much difference as can be seen in the attached chart where the 100 of the Fib in the below chart is exactly the same as the 150 of the previous chart in the post above. Thats the power of fibs and ots extensions. :) Its like Magic.

Hey Beagle

which chart and software are you using.
 

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