Fibonacci Spiral

Fibonacci Spiral
Fibonacci spiral offer the best link between cost and the analysis of time and are an answer to the long search for the answerto forecastboth cost and time.Every point on the spiral manifests a best combination of time and cost. The trend and corrections changes take place at the prominent points where Fibonacci spiral touches on the growth way with the help of time and cost. You will be surprised to notice that if an appropriate center is selected, the spirals point the turning areas is market with a perfect seldom before viewing. Investing depending on the spiral is not a box approach and also not anover fitted computerized dealing system. This is a universal geometrical law which is applied to various products like the stock futures, futures, cash currencies and stocks. It is regarded as one of the several Fibonacci studies for studying markets in relation with resistance and support level for the cost of an offered asset. It is a perfect method of guessing the behavior of market depending on both the critical cost levels and times, rather than on the cost levels. In general, the spiral is generated by choosing a beginning point and then increase the points widthalong with the spiral form from the middle part by multiplying width by the Fibonacci ratio meant for allquarter turn.