General Observations on Using Ratios
Fibo Retracement, What is Fibonacci, Fibonacci Trading Concept, Fibo basics, Types of waves
Course: [ Harmonic Elliott Wave : Chapter 4: Projection and Retracement Ratios ]
Elliott Wave | Forex | Fibonacci |
I have listed the ratios I tend to commonly find. However, each market tends to display its own characteristics as an “individual” price.
General Observations on Using Ratios
I
have listed the ratios I tend to commonly find. However, each market tends to
display its own characteristics as an “individual”
price. In addition, it can have different tendencies in a range of time frames.
It may be that in a five-minute or hourly chart you may commonly see a 23.6%
expansion in Wave efb of an Expanded Flat, while a daily Wave efb may expand a
fuller 38.2%.
As
an example, in short-time frames I find the Euro-Dollar most often expands
38.2% while the Dollar-Swiss Franc expands mostly only 23.6%. It is always
important to get to know the markets you are analyzing and their
characteristics and foibles in all time frames.
Harmonic Elliott Wave : Chapter 4: Projection and Retracement Ratios : Tag: Elliott Wave, Forex, Fibonacci : Fibo Retracement, What is Fibonacci, Fibonacci Trading Concept, Fibo basics, Types of waves - General Observations on Using Ratios
Elliott Wave | Forex | Fibonacci |
