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Golden Ratio Retracements Extensions MULTIPLE FIBS EWT
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Markets swing off Fib ratios in a repetitive motion that reveals the underlying nature of price movement. But Fib ratios rarely align perfectly with each other through all time frames. This generates much of the noise that prints on charts. Discord creates whipsaw, range and a host of other features that occupy the charting landscape. This phasing relationship between Fib proportions illustrates the power of this mathematics. It also warns you to seek strong convergence between trends at different levels and time frames. These well-aligned segments offer highly predictive price action with very low noise.
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