Traders swear by Fibonacci retracement — a simple yet powerful tool that helps decode the market’s twists and turns. Rooted in a centuries-old mathematical sequence, these key levels reveal where ...
To use Fibonacci extensions, a trader needs three points: the start of a move, the end of that move, and the end of the subsequent retracement. For an uptrend, this would be a swing low, a swing high, ...
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