yep I like to use those fibs after a break in symmetry and then
when I'm watching for that higher low or lower high many times Fibs
come into play there
but again, don't place all your attention on looking for
'breaks' in symmetry use the symmetry as a tool for placing buy
limit orders as a means to buy back into a stock or index that has
pulled back - that symmetry provides objective target areas. Or use
to take profits on longs, or as places to short a lower high bounce
rally
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in Matts video symmetry matched
Does anyone have a theory of why these moves stop ...
Posted by watcdy on 3rd of Jan 2022 at 02:14 pm
in Matts video symmetry matched up with fibonacci measurements on TSLA ---prob true on others
yep I like to use
Posted by matt on 3rd of Jan 2022 at 02:48 pm
yep I like to use those fibs after a break in symmetry and then when I'm watching for that higher low or lower high many times Fibs come into play there
but again, don't place all your attention on looking for 'breaks' in symmetry use the symmetry as a tool for placing buy limit orders as a means to buy back into a stock or index that has pulled back - that symmetry provides objective target areas. Or use to take profits on longs, or as places to short a lower high bounce rally