Basecamp AutoFib
Automatic Fibonacci Support and Resistance derived from the recent Average True Range.
This tool is used as a guideline for where mathematically evident support and resistances are estimated to be.
Unlike typical methods, this will adjust as candles print and the ATR expands or contracts assisting the user in ensuring realistic price targets relative to the current movement.
This tool is used as a guideline for where mathematically evident support and resistances are estimated to be.
Unlike typical methods, this will adjust as candles print and the ATR expands or contracts assisting the user in ensuring realistic price targets relative to the current movement.