ONE44 Analytics, How To Find The Long Term Fibonacci Retracements, New Video
In this video we show you how to get the longer term Fibonacci retracements even when the current contract is at its ATH.
The way we find key long term Fibonacci retracements is to go to the Continuation chart for the current contract that you are analyzing. This was something that W.D. Gann always did when looking for long term levels and are in new territory for the contract you are trading.
We usually use the Nearby continuation chart for long term levels in the SP 500 Futures and Gold, however the Grain and Livestock markets can have big gaps when a contract rolls over into the next one. This is why we like to use the Continuation chart on the month that you are trading, if it is December26 Corn then we are using all the previous December highs and lows (2025, 2024, 2023...} to get the extreme levels.
Here we show the key 38.2% Fibonacci retracements that Corn, Wheat and Soybean Meal are at right now.

ONE44 Analytics where the analysis is concise and to the point
Our goal is to not only give you actionable information, but to help you understand why we think this is happening based on pure price analysis with Fibonacci retracements, that we believe are the underlying structure of all markets and Gann squares.
If you like this type of analysis and trade the Grain/Livestock futures you can become a Premium Member.
You can also follow us on YouTube for more examples of how to use the Fibonacci retracements with the ONE44 rules and guidelines.
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