Help with Fib Points

[Keith Conner]

Hi Neal, I have a question re: Mondays $/CHF update on the 4 hr chart. When you opened your Fib studies, one of your Fib levels starts at 1.0174 (100) and the 4 candles before or to the left are all lower. Without that particular Fib placement it doesn't like like there would have an an Sk level between 1.044 and 1.041. Thanks, Keith Conner.

[FibMaster]

Hi Keith,

That is a "hidden fibonacci level", that is explained in my seminar video lessons. FYI those are important, and most traders do not know about them.

If you look at a lower time-frame, say 60 minute or 30 minute, it will be in a slightly different place, a few bars left. That would also be valid, an alternate starting point, but still close to the higher-level hidden one.

-Neal.