Fibbing Time! Using Fibonacci and Time

Discussion in 'Education, Tutorials & Courses' started by FXStreet_Team, Oct 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Although thought to have originated in India, Leonardo Bonacci (known as Fibonacci), has been credited with introducing the western world to the Fibonacci numbers used in many technical analyses. The most popular use of the numerical sequence is to measure price retracements for corrections and projections for new impulses in the trend. These levels will give you possible turning points for price and can be used as odds enhancers for supply and demand levels at which traders can enter trades

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