Hello, I forgot to mention - if you want to plot retracements above AND below the support and resistance then modify the formula to your liking. It at least gives you a starting point.
David K. --- In [email protected], "jaccopax" <jacco...@...> wrote: > > hello all, > > i dont understand.... > when use fibo-retracements from a low to a top 1.618 is above the top. > when i use fibo-rectracements for a bear move 1.618 is als above the > high. > > i can use fib.extensions in both directions. > > does someone know how i can use retracements in both directions. > > thank you, jacco >
