Disliked{quote} Hello BlackNapkins, I would like to ask how you come to create the Fibos below a candle? What is this strategy called? I'm asking because I also use Fibonacci in the m15 in connection with Elliot waves and I'm not familiar with a form like the one you show. I'll attach a picture so that you know what I mean. Perhaps you now understand why I'm wondering and asking. {image}Ignored
however it is a trading of the market structure as Elliot Wavs are to.
.In post above I explained how Magna is using basic approach to his concept. He uses several concepts to describe market structure :Like Successful High/Low, Failure High/Low Double valid pullback Bottom of the High, Top of the low etc... All of his stuff can be find in his Discord channel for free...
Good Luck
BN
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