Thanks to Fibonacci we have many tools helping with everyday analysis. Fibonacci channel is one of them. It is a simple tool which can cover whole swing and when used properly can find a lot of possible places for PA to bounce and create small intraday swings. Educate, practice and trade with Fibonacci cause this math algo is everywhere. In single atom, in plants, in our bodies and minds, in piramids, in our solar system and in galaxies. So it is also present in Forex. Even if forex is played mostly by computer algos those algos were writteln by humans so fibonacci is also in that code. Good luck and have a good weekend.