Hello dear friend... I hope you're doing great..

One thing I love about your post is the way you navigated your points and the good choice of words that made it more understanding...

Fibonacci retracements is the root of the Fibonacci sequence a mathematical concept. In the world of trading today, it has been used in the crypto market, forex market, financial institution to help traders make entry and exit points to gain support and avoid possible losses.

To use this great tool, one needs to hsve full knowledge about what it is and how it works. It is a very Great and one of the best indicator that when combined with other good indicator ls helps is to achieve a more accurate result and therefore improve our analysis. It works more efficiently when combined with other indicators...

Such a everything that has advantages, the Fibonacci retracements has it own advantages and the show how relevant they are to traders and the market. As other tools have disadvantages, the Fibonacci retracements has it disadvantages too... You've done a job weldone.. I commend you for that...

Thanks for sharing and good luck with the challenge...