retracement (fibonaci) users

jamesj188

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Do you guys use retracement on short term moves ???? maybe <1-2 months and <10%.

like this stocks chart (picture below).
I find it more useful for the big swings, not sure about small ones!

please comment, thanks )
 

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You can use fibo for short term, just make sure that the uptrend is done and short it :whistling
 
hard to tell if uptrend is done sometimes. but yeah, i also think you can use it for short term...
 
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