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Fibonacci retracement is a technical analysis tool used to identify potential levels of support and resistance in a financial asset's price movement based on key Fibonacci ratios. Traders use these levels to anticipate price reversals and adjust their trading strategies accordingly.


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Tnqs for give us more additional info.
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Analysis with the Fibonacci method is a very specialized work and must be learned well in order to obtain a favorable result. 💫

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Yes my friend You mentioned a good point, even in the human ECG, the ratios between heart pulses are based on Fibonacci numbers.

Can you use technique? 
Fibonacci
For Diagnosis 
The price of the currency is also used.

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Yes exactly 💯 
Fibonacci gives traders good support and resistance points based on which they manage their trades.
Tnqs for additional info.
15 $DEGEN for you.

Fibonacci retracement offers traders valuable insights into potential support and resistance levels, aiding in strategic decision-making within financial markets.

i use fibonaci retracement 43 $DEGEN for u

spots price levels, traders anticipate reversals. 11 $DEGEN  For you

Fibonacci really helps with chart analysis, thanks

It's pretty cool how those old mathematical ratios can be applied to modern markets to help predict price movements.
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Prediction always is my favorite thing about everything we could anticipate.  
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Fibonacci retracement is a valuable tool for traders, helping them pinpoint potential price levels and make informed decisions in the market.

One of my favorite tools in technical analysis :)

Nice post! Fibonacci analysis is like a handy tool in the financial world. With this tool, you can spot important levels on price charts and fine-tune your strategies.

In her post, Samad shared a Fibonacci retracement chart and explained what each level means.