|
Price action is never random, and every move, every wave fulfills a part of a larger pattern…which may not be presently visible. Fibonacci numbers, discovered by the famous mathematician - Leonardo de Pisa de Fibonacci - are often considered to be the guide posts for price action. Every part of a trend, every pullback, every reversal conforms to some level of a Fibonacci ratio – whether a retracement level, an expansion level of a projection level. Understand the concept of these Fibonacci ratios, and learn to apply them to price action. As seen in the introduction lesson of Fibonacci ratios, price action has an uncanny way of reacting to the Fibonacci levels. Learn the advanced concepts of Fibonacci clusters & use these levels to confirm the chart patterns like Elliot waves, Gartley pattern, Two Step pattern & others. The Double Zone system: Take the concept of Fibonacci ratios one step further, and learn an advanced Fibonacci strategy. This is a highly effective technique which determines a reversal point for price movement with precision. This high probability setup gives exact entry, stops and target levels, and has an excellent success rate.
|

