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rafaelravelli1
Jan 30, 2020 4:40 PM

Fibonacci Sequence 

GERDAU PN N1B3

Description

Rectangles represent the maximum and minimum values.

The white line represents the movement that I assume will happen.

Comment

Therefore there was a rise up to 0.382, whete my exit point should have been. The line did not cross 0.5, so I will assume it will continue on a low trend.

Comment

After the 0.382 retraction, the candles reached 0.5 fibonacci, where was my point of sale.

I bought at 19.80 and sold at 20.95 making a 6% profit.
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