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This seemingly simple question requires a
rather complex answer. S90/Crossover
extreme levels (ELs) are outer Fibonacci levels found within
trading ranges that
were former level one and two S90/Crossovers, which are also
found within multiple
time compressions of a trading range that have historical
significance as overlapping
Fibonacci points in the market. These levels are measured
horizontally, vertically, diagonally,
and with inverted reciprocal confirmations. Extreme levels have
always been
present, as have the laws of nature that Leonardo Fibonacci
found in the early 1700s.
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WHAT ARE S90/CROSSOVERS? THE
COMPLEX ANSWER
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S90/Crossovers are originating supports
that occur on the bottom side of an upward moving historical
trading range and also as originating resistances on the top
side of a downward-moving historical trading range. The
supports and resistances have extensions and overlapping
qualities that reveal the true Fibonacci levels that have
more strength than others for possible profit targets and
entries. There are four levels or tiers of the S90/Crossover
to deal with, and most traders who learn the methodology are
quite happy just to understand the first two tiers. The
methodology (and it is a methodology) requires a thorough
understanding of the legal and illegal aspects of the
crossovers. more
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WHAT ARE S90/CROSSOVERS? A SIMPLE ANSWER
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The market has resistances and supports
found within trading ranges and within the different time
compressions. An S90/Crossover may appear on a 30-minute
chart and not be recognized on a four-hour chart.
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