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RE: Trading using Fibonacci Retracement Levels

Hello dear, greetings to you. I hope you are enjoying the sweet moments of your life.

You said Trading is an art that requires possession of skills and knowledge. Yes very true. Even this requires a too much experience and expertise. Fibonacci retracement is a type of technical analysis which makes use of Fibonacci number sequence used for determining resistance and support. Yeah that perfect about Fibonacci. It shows us the support and resistance levels with the golden ratio; 0.38, 0.5, 0.61.

The graphs shows the perfect data for all the three pairs. You have shown beautifully how to use Fibonacci retracement for our analysis. Yes that's true too we should use technical analysis tools in combination. It makes our trade more correct and accurate if we have more confirmation.

By the way thank you so much for your precious invitation dear friend.

Wish you best of luck in the contest, keep blessing.

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Dear friend

Great to see you commenting on my article. For sure this FIB tool is good to work with. But its best comes from using it along with other tools.

Thanks for.yoir kind wishes.

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