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Fr33zerPop
Feb 12, 2015 6:00 PM
Where do Channels come from? (GBPUSD study)
Long
FX:GBPUSD
240
British Pound/U.S. Dollar
FXCM
Description
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Feb 12, 2015 6:00 PM
I see channels forming when the lows-to-highs create parallel Fibonacci lines that extend out. The Fib Speed Resistance Fan was used in this illustration.
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