
This is serious content, posted irregularly~
The 'Retracement Curse' of Adjustment Waves - The Mysterious Power of Fibonacci
Have you noticed the pullback curse? Whenever the market fluctuates, there's always some 'pullback curse' at play. That's right, a corrective wave always retraces a certain Fibonacci percentage of the previous wave—just like retreating to base to replenish supplies after a tough battle. Most of the time, steep corrective waves retrace 61.8% or 50% of the previous wave, as if the market is whispering to itself, 'Take half a break, or just a little more!' Especially when these corrections appear in Wave 2 of an impulse wave or Wave B of a larger-degree zigzag correction...
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

