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Learn How to Crack the Fibonacci Code in 3 Simple Steps
Talking Points - Use Fibonacci tool by connecting the last swing low and last swing high to display 5 possible areas of support - Look for price to turn at one of these 5 main levels before entering a trade for the best possible risk to reward - Place a protective stop below next Fibonacci level and a limit at the 0.618 or 1.000 extensions Have you ever seen a strong trending move in the market and wanted to be part of it but did not have the confidence to enter the trade? Have you ever seen price just stop at a certain part of the chart and then turn around? If you answered “Yes” to either one of these ... (full story)