All roads lead to 0.5 retrace.
4 FIBS drawn from 2 lows and 2 highs (2x2=4)
Box drawn between all the 0.5 FIB levels
Creating a hypothetical linear channel.
4 FIBS drawn from 2 lows and 2 highs (2x2=4)
Box drawn between all the 0.5 FIB levels
Creating a hypothetical linear channel.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.