The number that scares whales: 0.618
It's a tool that, once understood, allows you to predict when the market will rise or collapse; Fibonacci is not just lines... it's the most powerful tool in the hands of the smart trader
A thread that explains everything simply:
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Fibonacci Correction (Fibonacci Retracement)
Used to identify important price levels
These are the areas where the price may stop, reverse its direction, or continue in the same trend