My Fibonacci Clusters are not standard retracement levels but a special construction based on how the trend actually developed taking into account the swings within the trend, therefore "clusters". Even more precise levels can be calculated by working up to 4 trends which are CONFLUENCE levels.
You can see this everyday in my MegaMarkets chatroom on HotComm.
I like the way you go from left to right. However, I did not see any clusters just standard retracement levels. A cluster is the confluence of retracements, extensions and projections from several swings or trends.
My Fibonacci Clusters are not standard retracement levels but a special construction based on how the trend actually developed taking into account the swings within the trend, therefore "clusters". Even more precise levels can be calculated by working up to 4 trends which are CONFLUENCE levels.
You can see this everyday in my MegaMarkets chatroom on HotComm.
grandyoda 2 years ago
I like the way you go from left to right. However, I did not see any clusters just standard retracement levels. A cluster is the confluence of retracements, extensions and projections from several swings or trends.
spoonman73 2 years ago