Stocks & Commodities V. 38:05 (8–16, 35): Fibonacci Fitting by Kevin D. Morgan

Stocks & Commodities V. 38:05 (8–16, 35): Fibonacci Fitting by Kevin D. Morgan
Item# V38C05_050MORG
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Fibonacci Fitting by Kevin D. Morgan

Using a technique called “Fibonacci fitting,” the Fibonacci structure of a price swing in progress can be analyzed for information about likely price action of the continuing price swing. Read on to find out how.

The tendency of Fibonacci ratios to operate as pivot levels for a price retracement swing in progress is foundational for an entire methodology of trading, as is the tendency of price swings to complete at Fibonacci ratio extensions of prior price swings ...

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