An example of Fib circles exhibiting their "stickiness"
Price prefers to trend along the circle, rather than break out. Although this breakout will come, it finds it 'easier'
I'm not sure of the mathematical relationship that allows this, but it is common and I have seen it among many of charts published and during personal time
If anyone has insight please enlighten me
Two examples here the USDOLLAR and ZRXUSD
Price prefers to trend along the circle, rather than break out. Although this breakout will come, it finds it 'easier'
I'm not sure of the mathematical relationship that allows this, but it is common and I have seen it among many of charts published and during personal time
If anyone has insight please enlighten me
Two examples here the USDOLLAR and ZRXUSD