I use Fibonacci sometimes, though i cant seem to master any sought of consistency out of it, its more of a tool i play around with rather then take too seriously...
The problem i find with it is that its more useful AFTER the event and all of a sudden it seems to make sense...
Personally ive had more "success"(lol) with longer term targets/ranges, each to their own tho....
tuesday trading, page-29
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Last
7,829.7 |
Change
66.500(0.86%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,763.2 | 7,832.3 | 7,763.2 |
| XJO (ASX) Chart |