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Old 30-06-2005, 08:30   #5
MickMason
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Re: clarification needed on trading with fibs

Quote:
Originally Posted by foamgod
Hi Mick, based on your fib1, wouldn't this be a failure of fibo, since the price did not follow through after breaking the 61.8% level?


Hi foamgod

A failure? No, it retraced 61.8% and met target at 161.8%, that was the plan.


Mick
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