chart 15 min - 1.00 pm Malaysia
I am getting bored as the beast is so predictable....
The above chart shows my two sell entries based on the price action around the fib levels....
It is amazing to see how the beast respects the fib levels, isn't it?
Note: In contrary to the popular practice of plotting the fib retracement according to previous swing hi/lo, I plot mine according to the previous day hi/lo.
UPDATE:
4.20 pm - London market pulls the baby down...
132.50 now
4.45 pm - London bridge is falling down... falling down
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