Hello, guys!
Today I share a strategy I discovered in 2017 when doing comprehensive Fibonacci research!
Everything in this world starts from 0, so we also use that rule in markets!
Hope you find this educational and stay sharp!!
In response for your requests guys to explain the rational behind the live trade we took on GBPCHF. Here is the explanation.
On the left hand side daily chart, the price started the bearish behavior on the 78.6 retracement level for the overall bearish wave as shown on chart. As it formed two major bearish shooting star candles.
That was not enough for me to...