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Strategies & Market Trends : Fibonacci Dynamics
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To: sammy™ -_- who wrote (126)3/10/2007 11:59:12 PM
From: sammy™ -_-Read Replies (1) of 330
 
20
The Fibonacci price levels are referred to as retracement levels. They now represent levels of support or resistant, and are played by the technical analyst in the same fashion - depending on whether the price bounces off of or pierces through the level
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