However, not all of these might be available ... Critics argue that using Fibonacci ratios in trading is more numerology than sound analysis. They point out that with so many potential Fibonacci ...
Have you ever heard of the Fibonacci sequence? Or the Golden Ratio? Or the Golden Spiral? These mysterious numbers and shapes are all connected to each other. If you look closely, they can be ...
For example, some traders will take two extreme points on a price graph (a major peak and trough) and divide the vertical distance by the key Fibonacci ratios to insert new horizontal 'tramlines ...