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This is a trader question from the Fibonacci Trading Forum.

Martin asks:
I wait for the trigger on the close of the candle , but i find that it might run into another fib level.

Actually there is almost always some Fibonacci level somewhere, that can get in the way. We have to determine which Fibonacci Levels are stronger, which are weaker, and watch price behavior at those levels to make our trading decisions.

We’ll discuss this in a future Fibonacci Trading Forum webinar.

-Neal (FibMaster’s Fibonacci Trading Course)

Filed under: 1. Too Many Fibonacci Levels

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