While assuming the target which chart do I have to follow to draw fib extension?
Today I bought this share and my target is 1194 as per the fib extension.
Do you use fib extension to finding the target? Please comment.
anyone please reply
So, you draw Fib extension of last swing with projected target of 100%,138.20%,161.80%,200% or 261.80% of last move
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yes should i follow line chart or candlestick to draw this
Using chart type which also captures day’s high & low is usually preferable, so candlestick or bar chart works fine.