Hi,
When using fibos when price closes say 1 or 2 pips above the 61.8% or even lower than 38.2% does that mean that the retracement is invalid because it violates some fib systems that price has to retrace between the 38.2%-61/8% levels and if it doesnt meet that criteria something is not wrong with the market?
Thanks.
When using fibos when price closes say 1 or 2 pips above the 61.8% or even lower than 38.2% does that mean that the retracement is invalid because it violates some fib systems that price has to retrace between the 38.2%-61/8% levels and if it doesnt meet that criteria something is not wrong with the market?
Thanks.
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