Using Fibonacci Time Zones in current market conditions proved to be reasonable. Oct 23th and Dec 20th 2011 market bottoms were correctly marked by Fibbo lines 2 and 3. According to the projections next turning point should be around Feb 11th . In the next few days we are going to see if this is the case.
More of Fibonacci Time Zones Predictive Power: tradingview.com/v/Im273yCk/

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