Fibonacci
Brief
The section describes the Fibonacci tools.
Details
All Fibonacci tools are based on the Fibonacci numbers, which, for reasons unknown, play an important role in determining relative areas where symbol prices make noticeable moves or change direction. The Fibonacci numbers are a sequence of numbers where each successive number is the sum of two immediately preceding numbers (1, 1, 2, 3, 5, 8, 13, 21, 34).
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The section describes how to work with the Fibonacci Arc tool. |
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The section describes how to work with the Fibonacci Channel tool. |
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Working with a Fibonacci expansion. |
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The section describes how to work with the Fibonacci Fan tool. |
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Working with a Fibonacci retracement. |
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Working with Fibonacci time zones. |