The Basics of Fibonacci Retracements, Fans, Arcs, and Time Series
The Basics of Fibonacci Retracements, Fans, Arcs, and Time Series If you’re new here, you may want to subscribe to our RSS feed or follow us on Twitter and Facebook. Either way, thanks for checking us out! Fibonacci retracements, fans, arcs, and time series are some of the best technical analysis tools for traders. They are not a perfect indicator (what is right) but they are very helpful if you know the basics. Many years ago an Italian gentleman named Leonardo Fibonacci discovered ratios that exist throughout all of nature. These ratios are used to describe the proportions found … Read more