Fibonacci Retracement and Extensions Imagine a Box that's being fired everytime market makes a swing.
Multiples of boxes of bear/bull. That is what fib is 0 to 1.
Many people say "So its going to go up or So its going to go down?" well answer to that is BOTH.
They are always fighting and more often than naught one will break and other one will move on to its multiplier.
Pretty simple and powerful stuff.
