Fibo 76.4 replaced with 78.6

Created at 22 Feb 2017, 22:31
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maciek

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Joined 22.02.2017

Fibo 76.4 replaced with 78.6
22 Feb 2017, 22:31

Fibo level 76.4% is incorrect and should be replaced with 78.6%. Although 76.4% is the symmetry for 23.6% it has no meaning in relation to the numbers/ratios. Retracement ratio 78.6% is a derived primary ratio calculated as a square root of the primary level 61.8% and as such has mathematical justification. Please consider the correction.

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