Can someone explain what Fib Confluence and Fib Retraction is? I'm having trouble getting a grasp on this subject.
I understand Fib Retraction is when price pulls back to a fib line, but is it any fib line or the closest fib line that it retracts too?
As for Fib confluence, I'm lost....
I understand Fib Retraction is when price pulls back to a fib line, but is it any fib line or the closest fib line that it retracts too?
As for Fib confluence, I'm lost....