Please see the below chart. for Resistance line :
If you have any question, pls ask below comments section. by JC
Tuesday, October 25, 2011
How to draw Fibonacci Retracement Line for Support and Resistance
Every charting software has this tool. You will also find some AFL for AmiBroker in web. I've drown it manually. Please see the below chart. for Support line :
Please see the below chart. for Resistance line :
I hope above picture is clear. After drawing, the default 38.2%, 50% and 61.8% will appear automatically.
If you have any question, pls ask below comments section. by JC
Please see the below chart. for Resistance line :
If you have any question, pls ask below comments section. by JC
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