Hey everyone!
If you want to sharpen your trading strategy, Fibonacci Retracements are an incredibly useful tool to add to your toolkit. They help you identify key support and resistance levels during market corrections, giving you a clearer picture of where prices might reverse. Let’s explore...
Fibonizer is finally available to all of you : https://www.mql5.com/en/market/product/16179
Great tool to analyze Fibonnacci retracements.
Happy pipping ;-)
yellow line below black is a SELL and the reverse is buy. All time frames show a sell. But the zigzag shows that the prices are near a low zigzag. It is better to enter a sell from a high zigzag.
Hence let us see if the prices reverse from 1625.75, which is the 161.8 level for yesterday's...
The Fibonacci Limit/Stop - Risk/Reward Optimisation
Here at FXSense Towers, we favour high risk/reward strategies, our favourite being this neat little trick using Fibonacci retracements. It presents a fantastic risk/reward ratio, usually around 1:10. It's a strategy we developed ourselves...
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