업데이트됨

Further demonstrating the power of the Circle

660
LS = Left shoulder
H = Head
RS = Right shoulder

Just using the Fibonacci circle and establishing support areas, resistance areas, this head and shoulders pattern can be identified
Without the circle, this pattern is very difficult to identify

The main challenge using the circle is identifying the strongest trend. (Green line)
Here is my guide to using the Fib Circle, it truly is a great tool

Fib circles explanation - Short and sweet


Also my experimental idea - Fibonacci waves

Fibonacci Waves









노트
Areas of support in Green, Resistance areas in Red

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