Thread: Fibs strength developing method

I will use different color fibs to find strong support or resistance. The larger the trend the higher the color.

If reduced color level holds I will be hoping that confluence of high colours will cause some reversals.
I needed to add more colours:

second Image Reduced tf

261.8 appears to hold.

Originally Posted by ;

261.8 appears to hold.

Just one strong level beneath the weak degree. Very risky but moved into the profit zone.

lower degree appears to maintain


added more powerful fib to the setup:

Originally Posted by ;

lower level appears to hold


added stronger fib to the setup:

usdcad at the profit zone

Nice trade except the stronger levels are a little bit too far from each other


option two with feeble fib level holding:

Originally Posted by ;

Nice commerce except the stronger levels are a bit too far from every other


option 2 with weak fib level holding:

weak fib degree retains and fells down currently: