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 fibonacciclusters.com
Title: Fibonacci Clusters | Investerms Financial Glossary


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What are Fibonacci clusters? What are Fibonacci clusters used for?Fibonacci clusters are a technical analysis tool used to determine the level of support or resistance of various price levels for a stock. When charted, Fibonacci clusters are found on the side of a price chart as horizontal bars.The tool is named after the Fibonacci numbers, a unique series of numbers created by beginning with 0 an

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