Drag from the Swing Low (the start of the move) to the Swing High (the peak). For Downtrends: Drag from the Swing High to the Swing Low .
Never use Fibonacci in a vacuum. The most successful traders look for —where a Fibonacci level aligns with: Drag from the Swing Low (the start of
23.6%, 38.2%, 50.0%, 61.8%, and 78.6%.
The Complete Guide to Comprehensive Fibonacci Analysis on Forex (PDF Download) Drag from the Swing Low (the start of