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Introduction to

Fibonacci Price Clusters and Timing


on the CBOT mini-Sized Dow
Carolyn Boroden
Synchronicity Market Timing
SYNCMT.COM
Apprentice Trading Academy
(702) 273 1335
Las Vegas, NV

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A price cluster is the coincidence of at least three or more
Fibonacci price relationships within a relatively tight range.
These clusters identify potential key support and resistance
zones. If you take trades against these cluster zones with a
good “trigger” or “filter” (with the trend in mind), you can
greatly improve your trading results.

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KISS
Let’s keep it simple
Fibonacci Cluster + a trigger = trade
Maximum risk is defined just above or below the
extreme of the price cluster zone
Trade target = 1.272 extension of the prior swing into
the cluster zone
Fibonacci Cluster – a trigger = stand aside until the
next setup

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Fibonacci
Fibonacci Number Series: 0,1,1,2,3,5,8,13,21,34,55,89,144,233,etc...

The number series will continue to infinity


by adding the previous two numbers
Example: 34 + 55 = 89, 55 + 89 = 144, etc.

Ratios used in the analysis


.382, 50, .618, .786, 1.0, 1.272 & 1.618
Sometimes (.236, 2.618 and 4.236)

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Fibonacci Price Retracements
When a market makes an initial move (for example low to high), it is not unusual
for that market to retrace either .382, .50, 618 or .786 of that previous move and
then resume the original trend.

High

% Retracement .382, .50, .618, .786


Low (for potential support)

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Fibonacci Price Extensions

High

Low

Price extensions are essentially Retracements beyond 100%


We most often use 1.272 and 1.618 as extension levels.
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Fibonacci Price Objectives
(Projections)
High B

C Low
A
Low
Fibonacci price objectives or “projections” are measured from 3
points or prior highs and lows in a market. We typically use 1.00%
and 1.618 for these projections.
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Price Cluster: coincidence of at least 3 Fibonacci price relationships
within a relatively tight range

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If a zone is not violated..it is still good

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Symmetry

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