Question
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Predicting Fibonacci Time Projection, how?
1 Answer
<p>The idea behind Fibonacci Projection is that markets will retrace a predictable portion of a move, after which they will continue to move in the original direction and will extend above the earlier swing high. Fibonacci Projections are ratios used to identify potential reversal levels and the most popular Fibonacci Projections are 161.8 percent and 261.8 percent.</p>
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