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Correct way to use Fibonacci lines
What is the correct way to use Fibonacci lines? Uptrend / Downtrend
I get so confused on this subject I not able to formulate a question. I have read the information from StockCharts.com and I understand the mathematics, just don't understand the application. I guess when you try to put a round peg in a square hole you can expect this type of problem.
Anyway, your help would be appreciated.
All the Best,