They Are working right now....they are Fibonacci arcs, that show the cycle wave forms .... for the future, like it is what it is.... its not about the 'now' picture of current price action, its a picture of how the Fibonacci river flows. you either see it or you dont. Its a technical picture. and its dynamic...it changes and evolves. It is not a prediction that price will go there now....the key word I said is "IF" If the river flows this way....these are the cycles and patterns to see on the technical chart. it works fine.
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