Friday, November 20, 2009

Another day the fib pivots have worked out in picture perfect form.
In this we see all during Asian session that the previous days pivot held as Res as FibPivot level 27.2 PDMM acted as Support. During London with a break of 27.2, price goes straight to 50 PDMM. It finds the 50 as Support and the 38.2 as Res. A break of 50 and we quickly ran to the 100 PDMM.

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