You will hear often about price hitting a certain fibonacci level. Fibonacci levels are used extensively by pro traders to identify probable areas of support and resistance. This is something very important for you to understand. Fibonacci is a leading indicator that tells you ahead in time where the price can most probably find support… Continue reading How To Use Fibonacci In Your Trading Video Tutorials
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Why Fibonacci Levels Work So Well In The Forex Market?
In the currency market, the Fibonacci levels are keenly observed. You might hear a lot about the Fibonacci Sequence being a very important sequence having important applications in nature. Fibonacci numbers are found in flowers as well as in the orbital rotations of the stars. You might also hear that Fibonacci numbers describe the perfect… Continue reading Why Fibonacci Levels Work So Well In The Forex Market?