Connected the lows and placed 786 fib on the last high.
This projects a couple of parallel channels which we can use to determine the size of a possible move outside the current channel into a new one.
The swings are easier to identify using Heikin Ashi Candles so I have displayed them here instead of the regular OHLC candle sticks.
More info in our discord channels or see my previous ideas for more details/ examples.
This projects a couple of parallel channels which we can use to determine the size of a possible move outside the current channel into a new one.
The swings are easier to identify using Heikin Ashi Candles so I have displayed them here instead of the regular OHLC candle sticks.
More info in our discord channels or see my previous ideas for more details/ examples.
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FIB Channels
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