Gives traders a clear and concise explanation of this extremely effective tool for understanding market movement. With a keen emphasis on practical application, the author shows you how to use Fibonacci ratios for price projection...and trains you to effectively use rhythmic wave diagrams, support and resistance, and proportional analysis. Also, learn to identify false signals.
A masterpiece now in its second decade, this remarkable book has become the number-one go-to guide for market technicians seeking to improve their timing skills with the most up-to-date tools and techniques. This second edition provides an updated look at unique formulas and key indicators, while retaining all the foundational material that made the previous edition an instant classic.