what point is *1/1* exactly? what price? I don't know how to read that chart
removed
⋅
@dcaliri84, sorry, the 1/1 line is the line that is exactly 45 degrees - it's the center line of the indicator. Sorry my fib levels are covering the 1/1. The indicator suggests that everything above the 1/1 is bullish, and everything below is bearish. So a basic strategy would be to sell once price cross down through the 1/1.