Introduction to Fibonacci Price Clusters and Timing on the CBOT mini-Sized Dow

Carolyn Boroden Synchronicity Market Timing
SYNCMT.COM

Apprentice Trading Academy
(702) 273 1335 Las Vegas, NV

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If you take trades against these cluster zones with a good “trigger” or “filter” (with the trend in mind). you can greatly improve your trading results. 6 .A price cluster is the coincidence of at least three or more Fibonacci price relationships within a relatively tight range. These clusters identify potential key support and resistance zones.

KISS Let’s keep it simple Fibonacci Cluster + a trigger = trade Maximum risk is defined just above or below the extreme of the price cluster zone Trade target = 1.272 extension of the prior swing into the cluster zone Fibonacci Cluster – a trigger = stand aside until the next setup 7 .

2.Fibonacci Fibonacci Number Series: 0. .618. .8.236) 8 . 1. 2.233.618 Sometimes (.0..13.236.. 50. etc.3.55.618 and 4.1. Ratios used in the analysis .34.etc. 55 + 89 = 144.382.1.786.5. 1.21.144.89. The number series will continue to infinity by adding the previous two numbers Example: 34 + 55 = 89.272 & 1.

it is not unusual for that market to retrace either .618. .50. . .Fibonacci Price Retracements When a market makes an initial move (for example low to high).786 (for potential support) 9 .786 of that previous move and then resume the original trend.50.382. High Low % Retracement .382. 618 or . .

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11 .Fibonacci Price Extensions High Low Price extensions are essentially Retracements beyond 100% We most often use 1.272 and 1.618 as extension levels.

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We typically use 1.00% and 1. 13 .Fibonacci Price Objectives (Projections) High B C Low A Low Fibonacci price objectives or “projections” are measured from 3 points or prior highs and lows in a market.618 for these projections.

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Price Cluster: coincidence of at least 3 Fibonacci price relationships within a relatively tight range 16 .

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.it is still good 27 .If a zone is not violated.

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Symmetry 38 .

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