/biz/ - Business & Finance

>>29349159
>>29349758
Looks like you're using a combo of Fib retracement and Fib extensions. It's based on the idea that the Fibonacci sequence and Golden Ratio are prevalent patterns in nature, so the lines should indicate levels of support and resistance. The price should in theory bounce between Fib lines until it gathers enough momentum to break through. It helps you set your buy/sell limits. It could be argued that there's so many fuckin lines that the price is bound to reverse at one of them.

I like to use Fib retracement set to closing price and remove the 50% since it's not a proper Fibonacci number.

Does AH really matter?

>>27743596
I barely know anything about the guy but I'm gonna guess
>RYCEY
>BOSSY (50/50 chance its the ETF or the German company)
>DKNG