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What are Fibonacci Levels and How to Trade Them

What are Fibonacci Levels and How to Trade Them

Fibonacci levels are one of the most popular tools in technical trading. They’re used to find potential retracements levels during strong trends and are based on Fibonacci ratios, identified by the famous 13th century Italian mathematician Leonardo Fibonacci. Fibonacci ratios, such as the Golden Ratio, can be found in both natural and artificial environments. This