NeoWave. Part 25. Fibonacci relations and correction identification with channeling

Channeling and Fibonacci relations in corrective patterns. Properties. Proportions. Application.

Dear Friends!

In the previous training articles, I covered progress labels in different types of corrections. Today, I will explain Fibonacci relations and correction identification with channeling. If you aren’t yet familiar with the NeoWave theory, I recommend covering all the articles, starting from the first one, in the NeoWave series based on Glenn Neely’s studies:

Neo Wave theory. Part 1. Rules for creating charts.

Neo Wave theory. Part 2. Basic information on Polywaves and Structure Labels. 

NeoWave. Part 3. Retracement Rule 1.

NeoWave theory. Part 4. Retracement Rule 2….<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>