The Fibonacci tool is very popular amongst traders and for good reasons. The Fibonacci is a universal trading concept that can be applied to all timeframes and markets. There are also countless ...
In this trading strategy video presented by Nathan Bray from ACY Securities, introduces Strategy Number Two: the Simple FIB. This strategy is tailored for intraday traders seeking to align their ...
That level represents the 1.618% Fibonacci extension, originating from the December 2018 lows, the December 2022 lows, and the 2021 high. The 1.618% extension is highly important because it's derived ...
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