JC Parets · Why Does Fibonacci Work?
You guys know that I use Fibonacci levels to help us identify targets and manage risk.
And you've all seen it work, with your own eyes, for many years. I have too, of course, as one of the gang here calculating these levels every day.
But I've never quite understood WHY it works.
How come these numbers keep showing up all over Nature. Why do the prices of stocks and other assets keep respecting these levels?
When I get asked, I don't have an answer.
But if there's anyone I'm going to ask, it's gonna be Bart.
So that's what I did. And figured why not share this with all of you?
This was a lot of fun!
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JC Parets · Charts, Baseball & Being Nice w/ John Roque
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JC Parets · Pardon The Price Action w/ JC Parets & Steve Strazza | Fails Or Retests
On this episode of Pardon The Price Action, we talk about whether these are all retests or failed breakouts.
That's the big question.
With Oil testing 76, Financials and Industrials...