Consider an example of a forex swing trader operating based on the Fibonacci Retracement levels that will be described further in the following section under Retracement Trading. The trades this ...
Also, the Fibonacci levels suggested the next resistance level may be near $1.335, where sellers may test the rally. If FET sustains its momentum above $1.315, the bullish trend is likely to persist.
Apply Fibonacci Levels: Using the Fibonacci retracement ... you are a successful position trader. Support and resistance indicators can assist you in determining if the price of an asset is ...