A golden zone fib retracement that worked perfectly today on GU. Its a nice feeling when the things you learn from mentors finally make you some money.......
There is always confusion to new traders like me on how fib retracements work but today I got it right, In my own opinion the fib retracements work to trade a minor reversal and provide an opportunity to enter in the direction of the trend, and this is what l did on GU today.