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I am using the AB fib drawing tool and am curious to know if I am
doing something wrong. I am clicking on the high Point A pivot and
then clicking on Point B, the (low). I expect to see the 127% and
162% retracements ABOVE the Point A pivot however they appear below
the point B pivot which is the low. Is there something I am missing
or something I am doing wrong?? Logic would suggest that if the
difference between the Point A high and Point B low is 10 points that
the 127% retracement should add 12.7 points to point B and 162%
should add 16.2 points to point B. I would be grateful if anyone can
enlighten me as to what is occurring and how these retracements are
being calculated.
David K.
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