This is basically how I ignore thing called "news trading". Whether they are positive or negative fundamental factors to drive the price which will always react to each fib lines it encounters.
As market will always correct itself to determine the market price, can be traced with fib corridors. The steepest determines timing cycles of the market as TimeFibs.
FRACTAL CONFIGURATION:
PERCENTAGE CHANGE OF FRACTAL:
As market will always correct itself to determine the market price, can be traced with fib corridors. The steepest determines timing cycles of the market as TimeFibs.
FRACTAL CONFIGURATION:
Comment:
Comment:
Comment:
Support levels are the nearest fib lines to the price.