‼️ Forex traders use Fibonacci retracements to pinpoint where to place orders for market entry, taking profits and stop-loss orders. Fibonacci levels are commonly used in forex trading to identify and trade off support and resistance levels. After a significant price movement up or down, the new support and resistance levels are often at or near these trend lines . Usually the price retracts to 50% or until OTE (0.62, 0.705, 0.79) before another impulse movement occurs.
❗️Check out my telegram channel with premium content.
t.me/Snick3rSD1
🌶 SpiceProp presents the offer with a 5% discount for any challenge.
🎁 Discount Code - SNICK5
spiceprop.com/
t.me/Snick3rSD1
🌶 SpiceProp presents the offer with a 5% discount for any challenge.
🎁 Discount Code - SNICK5
spiceprop.com/
