Question of the Week: 9/15/2022
What Fibonacci relationships are present in Diametrics and Symmetricals?
Diametrics and Symmetricals DO NOT possess Fibonacci price or time relationships. It's a critical, formational characteristic of such patterns and is the reason I was able to discover their existence. In all other patterns (Flats, Zigzags, Triangles, Impulsions), Fibonacci relationships play a key role in their development (from either a price or time perspective or both). It's the absence of Fibonacci price or time relationships that helps identify the formation of Diametrics and Symmetricals.
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