Take note of where I bought MGM today. The chatroom I'm in were all watching for a bounce. I told them to wait until 8.07 and to sell above 9.06...As you can see from the chart, 8.07 was the intraday low and bounced extremely hard once it reached that point.
So why does fibonacci work for me yet people still claim Fibonacci works off chance alone? Is it because people look at the Fibonacci lines?
It doesn't matter to me either way, because I know that it works well when used correctly.
Also, this is the same methodology I used in making my trades in NVAX as you can see from my earlier post
No comments:
Post a Comment