AI
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| Alias Born | 10/19/2006 |
Saturday, September 27, 2008 5:30:12 PM
it's a Gann Fan, it very much resembles the fibonacci retracement tool, generally if a fan line is broken, you can rely on the next fan line as a good price target, this has worked for very well for me with USO, it's been 100% reliable. I've also included a GLD chart. It works well in conjunction with the fibonacci retracement.
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