I am new when it comes to learning FIB. I am wondering if my representation is correct where I placed the FIB extension. I appreciate any and all feedback for further instruction/education.
Generally you would extend the fibs from the swing high to the swing low that came AFTER the swing high, and then you extrapolate to see where the next targets would be on the move up. I think here you sketched the fibs backwards. Although, the current price is currently quite close to the 1.618 extension haha, nice