Forex Indicators

tp2.jpg

tp2.jpg

Summary: . On the following chart, I have added a Fibonacci expansion using points A, B, C . This provides us with three profit targets. They are at 116.52, 116.93, and 117.59, see the blue arrows. If I add another Fibonacci expansion using points C, D, E , then two more profit targets are added, at 116.87 and at 117.22 . I have not added those studies to the chart, in order to keep

Image Dimensions: 871 x 633

Image originally found here.