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The Fibonacci sequence is a set of steadily increasing numbers where each number is equal to the sum of the preceding two numbers.
Talking Points - Use Fibonacci tool by connecting the last swing low and last swing high to display 5 possible areas of support - Look for price to turn at one of these 5 main levels before entering a ...
Fibonacci retracements are tools to draw support lines, identify resistance levels, and place stop-loss orders. Learn how to use Fibonacci ratios in trading.
Find out more about Fibonacci retracement levels and how some forex traders use them profitably in their trading strategies.
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