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Fr33zerPop
Jun 16, 2020 4:42 PM

Fib fan line usage: Breakouts and median lines 

U.S. Dollar / Canadian DollarFOREX.com

Description

Orange lines are medians and tend to identify the trend. In longer time-frames, the price will criss-cross many times, helping to identify when the trend is over/under sold. Because of this, purple-line breakouts that happen on the close side of the orange line are evaluated as being stronger.
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