Symmetry
Symmetry
Symmetry
Carolyn Boroden
Synchronicity Market Timing, LLC
www.syncmt.com
Presentation Outline
Fibonacci numbers
Fibonacci ratios
Fibonacci price relationships
Price retracements
Price extensions
Price objectives/projections
Fibonacci price clusters
Fibonacci timing
How to put it all together to create relatively low risk,
high probability trade setups
Fibonacci
Fibonacci Number Series:
0,1,1,2,3,5,8,13,21,34,55,89,144,233,etc…
The number series will continue to infinity
by adding the previous two numbers
Example: 34 + 55 = 89, 55 + 89 = 144, etc.
Fibonacci Ratios
Fibonacci Ratios: .382, .50, .618, .786,
1.272 and 1.618
These ratios + others are derived from the number series
Example:
89 = approximately.618 of 144
34= approximately .618 greater than 21
144 divided by 233 = .618
.786 = square root of .618
1.00 - .618 = .382
55 x 1.618 = approximately 89
Fibonacci Price Retracements
High
Low
When a market makes an initial move (for example low
to high), it is not unusual for that market to retrace
either .382, .50, .618 or .786 of that previous move and
then resume the original trend.
Fibonacci Price Extensions
High
Low
C Low
A Low