don't you use log?
and isnt the fib retracement tool used the other way around?
from last high to last low to look for the next high..?
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don't you use log?
and isnt the fib retracement tool used the other way around?
from last high to last low to look for the next high..?
fib tool doesn't care about log or not, it measures the same.
I'm looking at the golden ratios. on the last highs on the nasdaq I've circled where the arguments were happening, and from there the next resistance would be at the 161.8% line, which we've now tested twice.