Learn the Secret to Trading Fibonacci Retracements
This article was originally published on ETFTrends.com.
Per Investopedia, a Fibonacci retracement is “is a term used in technical analysis that refers to areas of support (stops going lower) or resistance (stops going higher). Fibonacci retracement levels use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the trend continues in the original direction.” Click on [...]