Here how fibonacci levels r decided....just one of the ways...time-series & Gann charts will make it look complex so keeping it simple for easy grasping.
Dedicated to N...who i m sure wud revert back with Ques rather than using google.com
Subscribe to:
Post Comments (Atom)
obviously people would revert only with question as u didnt explain anything. just posted a graph
ReplyDelete"Here how fibonacci levels are decided"...how?
we choose a 'top' in vicinity of current data point...then choose a 'bottom' such that substantial intermittent point in a way that fibo levels have acted as support/resistance...FYI, fibo levels r plain fibonacci num...google for more...
ReplyDelete