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And should some of the Fibonacci objective levels coincide with important moving average or Bollinger Band levels, their significance will obviously be increased.
LM CZhar citeretfor 4 år siden
That being the case, the Fibonacci technique does not suffer from the effects of being a moving target
LM CZhar citeretfor 4 år siden
Fibonacci objectives will not shift once the high and low points are selected. If the points selected are important historical levels, the objectives arrived at will not change unless new historical levels are reached.