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  1. 322 Posts.
    lightbulb Created with Sketch. 5
    @Zenzen Nice post. Could you illuminate me on the calculations you used for your fib values...

    I'm still learning and some of it is guess work based on free information I have found on websites like investopedia.

    I notice you referred to the 61.8% fib at 5.3c which is where I had my 38.2%... Is this merely semantics?

    I'm just trying to follow your math, as in:
    (max SP - min SP) * fib% + min SP
    (12c - 1c) * 38.2% + 1c ~ 5.2c

    Thanks in advance for any TA help.
 
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