fib. expansion and retrace in forex

Status
Not open for further replies.
Quote from moneyvision:

Thanks!

Could we say that money line is a kind of magnet... ?



.............................

mv,

yes it is.

price trades to it and away from it.

it also trades " into the zone " between the 2 yellow lines.

what is the trend in this pic.

look at the 3 ema lines and their position to price.

s
 

Attachments

Status
Not open for further replies.
Back
Top