♦️ Here is an example of how to find it on the Binance chart 📉📊.
The bounce of #fibonachi
The Fibonacci retracement is a technical analysis tool used to identify potential support and resistance levels in financial markets.
- Look for bounces: Wait for the price to retrace to one of these levels and then bounce in the direction of the main trend.
- It’s not perfect, use it with other tools.