2025-01-30 09:54
IndustriFIBONACCI LEVELS
#firstdealofthenewyearFateema
Fibonacci levels are a popular technical analysis tool used to predict potential price reversals and retracements in financial markets.
Types of Fibonacci levels
1.fibonacci Retracement levels:They are used to identify potential support and resistance levels during a pullback.
2.Fibonacci extension levels:these levels are used to identify potential price targets during a trend continuation
3.Fibonacci confluence zones:these are areas where multiple Fibonacci levels converge, potentially creating strong support or resistance.
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FIBONACCI LEVELS
Nigeria | 2025-01-30 09:54#firstdealofthenewyearFateema
Fibonacci levels are a popular technical analysis tool used to predict potential price reversals and retracements in financial markets.
Types of Fibonacci levels
1.fibonacci Retracement levels:They are used to identify potential support and resistance levels during a pullback.
2.Fibonacci extension levels:these levels are used to identify potential price targets during a trend continuation
3.Fibonacci confluence zones:these are areas where multiple Fibonacci levels converge, potentially creating strong support or resistance.
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