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, ...

Applying Fibonacci levels to your Forex charts is a simple yet advanced two step method for finding price targets in the trends path. Article Summary: When studying how to place trades in the ...