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The main purpose of this article is to evaluate at what Fibonacci level mostly the price changes, which coincides with the Elliott wave peaks. The paper analyzes the Elliott wave and Fibonacci level mutual relationship theories which could affect the investor's decisions. After research, it was estimated that on the Lithuanian and U.S. stock markets at 61.8% Fibonacci level shares direction usually changed. Other important Fibonacci levels are estimated

Elioto bangų ir Fibonačio lygių tarpusavio sąryšio taikymas akcijų rinkose