Fibonacci
23.6% Retracement
The shallowest common Fibonacci retracement level. When a correction only reaches the 23.6% level, it indicates extreme strength in the underlying trend. Rarely seen as the sole retracement target for Wave 2 or Wave 4.
The shallowest common Fibonacci retracement level. When a correction only reaches the 23.6% level, it indicates extreme strength in the underlying trend. Rarely seen as the sole retracement target for Wave 2 or Wave 4.