Fib level : 76.4 or 78.6? | Forex Factory

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Fib level : 76.4 or 78.6?

  • #1
  • First Post: Mar 27, 2007 6:52pm Mar 27, 2007 6:52pm
I don't know why but some people are using 78.6 even though 76.4 is 1 - 23.6

Are both valid? Some people use one or the other.
  • #2
  • Mar 27, 2007 7:12pm Mar 27, 2007 7:12pm
78.6 is the real one......
here is at table for all fibs.

1st Support Level - 14.6%2nd Support Level - 18.6%3rd Support Level - 23.6%4th Support Level - 30%5th Support Level - 38.2%6th Support Level - 44.7%7th Support Level - 48.6%8th Support Level - 50%9th Support Level - 56.4%10th Support Level - 61.8%11th Support Level - 68.5%12th Support Level - 70.7%13th Support Level - 78.6%14th Support Level - 88.6%15th Support Level - 94%16th Support Level - 100%17th Support Level - 12.7%18th Support Level - 14.4%19th Support Level - 14.6%20th Support Level - 16.18%21st Support Level - 19.02%22nd Support Level - 200%23rd Support Level - 20.5%24th Support Level - 22.4%25th Support Level - 26.18%

Good luck.........
  • #3
  • Mar 27, 2007 9:21pm Mar 27, 2007 9:21pm
I have not heard of the 76.4. I sometimes use the .786/ 78.6 as it is the square root of .618 although I do not give it nearly as much significance as the other fibs like 61.8, 38.2
Private message me for a link to my order flow website.
  • #4
  • Mar 1, 2009 12:08am Mar 1, 2009 12:08am
Quoting bbh011
78.6 is the real one......
here is at table for all fibs.

1st Support Level - 14.6%2nd Support Level - 18.6%3rd Support Level - 23.6%4th Support Level - 30%5th Support Level - 38.2%6th Support Level - 44.7%7th Support Level - 48.6%[font=Arial][color=#ffffff]8th...
where did u get this fib table from??
  • #5
  • Mar 1, 2009 12:17am Mar 1, 2009 12:17am
like it matters
  • #6
  • Last Post: Mar 1, 2009 1:07am Mar 1, 2009 1:07am
Quoting tdion
like it matters
Lmao completly agree
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