![]() ![]() The actual practical application of Fibonacci (abbreviated fib) levels and Elliott Waves can be divided into two separate categories: Different waves in an Elliott Wave structure relate to one another with other Fibonacci Ratio points. Welcome to Chapter 4.4, where we will be learning about the "Fibonacci Ratios" in Elliott Waves, a very important aspect of understanding the major points of entries, exits, and predictions of wave counts furthermore, the Fibonacci Ratio is an extremely useful tool to measure the target of a wave's move within an Elliott Wave structure.
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