The primary Fibonacci ratios that I use in identifying wave retracements are .236, .382, .500, .618 and .786. Some of you might say that .500 and .786 are not Fibonacci ratios; well, it’s all in the math. If you divide the second month of Leonardo’s rabbit example by the third month, the answer is .500, 1 divided by 2; .786 is simply the square root of .618.
How to Find Trading Opportunities in ANY Market: Fibonacci Analysis
September 17, 2014 by Leave a Comment
3 Rules that Govern Impulse Waves
February 21, 2013 by Leave a Comment
In this article by Elliott Wave International, three rules that govern impulse waves are clearly displayed and explained. If you have any questions or comments about the Elliott Wave Principle, Fibonacci multiples or impulse waves, please post your comments below. We’d love to hear from you. ~ editor A Classic Impulse Wave in General Electric […]
