The Chart: This is a limited scope fib retracement, supporting the trend-based extension. I will regularly plot these for 6 pairs over the next 12 months in order to complete an backward looking analysis.
Dotted lines are based on Fib retracements plotted on the trend from 7/20/2017 to 9/12/2017. They indicate confluence of various Fib within said range.
Looking for a move above 0.0179. Expecting a min price of 0.023.
Thoughts, comments, critique welcome.
Plotting several Fib retracements and identifying confluence among them, provided a spot-on forecast of action around 0.0179. Pretty clean.
Will continue to gain. Not a straight line, but nonetheless, quickly. What one does with their position in OMG will depend upon, among other items, entry point or dca. I'll be hanging on for now.