Following Fib

FX:EURJPY   Euro / Japanese Yen
228 0 0
Looking at this chart, price action is following the fib extension plotted on the chart. A supporting trendline was added to show an area of support and also to help confirm a good place to put the stop. The first target is at the .618 fib, with price action being used to determine if the whole position should be closed or not.

Also, a Gartley pattern was plotted, as I was testing out the new feature, and as it turns out the pattern (which was roughly plotted) seems to correspond with the Fib extention , adding additional evidence that PA is following the Fibs.

Please comment
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out