RE:RE:RE:RE:RE:RE:RE:RE:RE:April 2021 Presentation (New)I dont know why it works sorry and i have never tried to find out why but i have been using it for decades and in a huge bag of TA it is one of my favorites good enough for me. I suspect why most TA works now is everyone just uses it. 80% of all tardes these days in the markets, 90%+ forex trading are computer algorithm and you can bet they have it part of the algo like all TA , it is used therfore it works. Bottom line for TA the more indiactors that line up on a point the better your odds it is one of many but a Fav , Do get back to us if you ever find out Fibonacci rabbit hole could go DeAp ;p