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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.

The basics mechanism of Fibonacci tool is quite easy.vYoi have beautifully explained it in your blog. Yes it works on adding two numbers, then divide the result with the previous numbers, you will get the different levels of retracement.

I believe Fibonacci works too much in crypto or may other market, because the price of any stock or commodity doesn't move in a straight position or line. It must take retracement. So Fibonacci is the best tool to find that retracement, and once we find out the perfect retracement, it too much easy for us to make a perfect entry.

You have beautifully applied Fibonacci on all the three pairs. The three golden levels are defined beautiful too. Yes we should use Fibonacci with other trading tools so our accuracy of the trade increases. Infact we should use a combination of tools, everytime we go for short or long position.

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

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thank you so much for your kind beautiful and information comment 🇧🇩. best of luck to you.

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