Triple 000 and Sub-penny Chart Plays

[trader53]

BTFL - Targets - Fibonacci Numbers

BTFL 0.0004 - Targets 0.0027 / 0.0045

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Retracements can be applied after a decline
to forecast the length of a counter trend bounce.

These retracements can be combined
with other indicators and price patterns
to create an overall strategy.

Retracements are based on the prior move.
A bounce is expected to retrace a portion of the prior decline.


Four common retracements:

> 61.8%
> 50%
> 38.2%
> 23.6%


Fibonacci Numbers
http://www.stockta.com/cgi-bin/school.pl?page=fib

Fibonacci Retracements
* Common Retracements
* Moderate Retracements
* Golden Retracements

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:fibonacci_retracemen

Fibonacci Retracements
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Fibonacci Retracement levels
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