Fibonacci analysis
By: Constance Brown.
Series: Bloomberg market essentials
Publisher: Bloomberg Press
Published: 2008
Place of publication: New York
Language: eng
ISBN-13: 9781576602614
Subjects: Investment analysis; Speculation; Fibonacci numbers
Description: "Fibonacci Analysis gives traders a first step toward applying Fibonacci analysis in the market. The book covers key elements of this technical analysis tool. Traders will get up to speed quickly on its unique benefits. The major ratios between numbers in the Fibonacci sequence describe predictable market patterns. Fibonacci analysis analyzes these movements to identify future market prices"--Provided by publisher.
Notes: Includes bibliographical references and index.
Table of contents: title: The mystery of phi (1.618) and phi; title: The concept of market expansion and contraction; title: Support, resistance, and price projections; title: Bridging the gap between the nautilus shell and a market chart; title: Fibonacci channels, angles, and cycles with oscillators; title: Fibonacci expansion and the confluence in time; title: Rhythmic wave diagrams; title: Harmonic unity within market price and time.