Finally , I conduct robustness test for the reliability of the Fibonacci strategy on draws and measure the risk embedded in the strategy .
This study also includes a larger data set for a longer time horizon by including eight European Leagues over four seasons .
I conduct robustness test for the reliability of the Fibonacci strategy on draws and measure the risk embedded in the strategy .
This study also includes a larger data set for a longer time horizon by including eight European Leagues over four seasons .