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Understand the indicators like a professional.


๐Ÿ“ Fibonacci โ€” the golden levels from which whales buy ๐Ÿ‹
It's not magic. It's mathematics. And very precise.
๐Ÿ‘‰ These levels reveal to you where to buy the dip before the increase begins!
And our topic today: Fibonacci Retracement โ€” the hidden map of market pullbacks
๐Ÿง  What is Fibonacci Retracement?
A tool that identifies potential retracement areas based on strong price movement.
Based on Fibonacci ratios:
โžก๏ธ 23.6% โ€“ 38.2% โ€“ 50% โ€“ 61.8% โ€“ 78.6%
๐Ÿ’ก The 61.8% ratio is called the golden ratio โ€” this is where smart money usually buys quietly.
๐Ÿ” How does it work?
Identify a strong upward or downward price movement
Draw Fibonacci levels from the lowest point to the highest point ( or vice versa )
Monitor the price's interaction with key levels, especially 38.2%, 50%, and 61.8%.
๐Ÿ“Œ How do you use it in trading?
โœ… Use Fibonacci levels to identify entry areas during pullbacks.
โœ… Integrate it with support/resistance or candlestick patterns or indicators like RSI
โœ… It is preferable to use it in clear bullish or bearish markets.
๐Ÿšซ Do not use it in sideways or volatile markets โ€” wait for a clear structure!
๐Ÿš€ Professional Trading Strategy:
Wait for the breakout โ†’ then pull back
Identify Fibonacci levels โ†’ and look for confluence with the price structure
Enter near the 50%-61.8% area
Place the stop loss below 78.6%
Take profits at the previous high point or upcoming resistance.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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