Elliott Wave Technical Analysis Blog!
Elliott Wave Theory Education

Archive by tag: PredictabilityReturn
January 2023
In this article, we explored the basics of the Fibonacci sequence and its use in financial market analysis. We discussed how Fibonacci retracement levels are derived and used in conjunction with trend lines to identify potential levels of support and resistance. We also highlighted some of the limitations of using Fibonacci analysis, such as its subjectivity and the assumption of market predictability. We concluded that Fibonacci analysis can be a useful tool in technical analysis, but should be...
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