Synchronicity

Synchronicity Updated 

The weekly chart shows good thrust down then a retracement to about fibonacci 0.382 retracement level within 3 candles. This is the setup for a Joe DiNapoli 'Bread & Butter' trade as described in his book DiNapoli Levels: The Practical Application of Fibonacci Analysis to Investment Markets The price target for this type of trade is the 0.618 fib retracement...