Forex Reviews

What Is Fibonacci in Trading? A Complete Beginners Guide to Retracements, Ratios, and Real Market Use

Once the price reaches one of the significant Fibonacci levels (preferably 50% or 61.8%), wait for additional confirmation before entering the trade. Typically, when the price reaches one of these levels and shows a reversal, it presents an optimal entry point in the direction of the trend. These levels mark areas where the price might stop and resume its movement in the direction of the original...

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