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Fibonacci Studies

Fibonacci studies are geometrical representation of nature’s law and human behavior that can be applied, almost without limit, to market data series, whether cash currencies/Forex, futures, index products, stocks or mutual funds. Each shape possesses unique characteristics in determining when the battle between bulls and bears is approaching a critical phase and which side is likely to win it.

Most Fibonacci studies are based on 3-wave patterns (A-B-C corrective patterns). The first impulse wave A is followed by the second corrective wave B that doesn

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