We have entered the Zone.

[venice]

I just noticed that we are in the now famous ambush zone of the weeks before's rally. Guess this will help find the direction for the next few days.

[john_1]

How many more contracts are going to come in at 18000!!

[#3]

hi guys, I have heard this term used several times. What does it mean (ambush zone)?

[#4]

what is this ambush zone???

[#5]

yes,explain what is ambush zone please

[Shard]

its between the 50 and 61.8 percent retracement on a fib retracement. if it hold above 61.8% it should go back up, if it falls below it should continue down to next level.