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What Is Fibonacci Retracement? Fibonacci retracement is a tool traders use to identify potential support and resistance ...
ETC-USD surged above $3040, reinforcing its breakout from the $2400-2800 range and signaling a fresh phase of bullish continuation. Key resistance at $3061 (0.618 Fibonacci) is now in focus.
Fibonacci fans are very similar in concept to Fibonacci retracements and in many ways they are used the same way. Both are effective tools for identifying support and resistance levels, entries and ...
In the forex essentials course, we introduced Fibonacci retracements and the Fibonacci number series. From that number series we get the Fibonacci ratios, which are applied to price charts. While ...
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