I am only a fan of trading the 50% retrace off a swing low or high as long as there is aprice action signalto confirm its validity; meaning, I don’t “blindly” enteronlybecause the market has retraced to a 50% level. My trading is all aboutconfluenceand finding evidence to su...
However, others view Fibonacci analysis as mere coincidences or self-fulfilling prophecies, meaning they work only because enough people use them—not because they’re divining natural patterns in the market. The true answer likely lies somewhere in between. It’s important to approach Fibonacci numb...
it also opens up the risk of experiencing high losses. Please trade with caution when you use leverage in trading or investing. Your risk is particularly not limited to the initial investment, but can quickly fall into a negative range in the event of strong movements, meaning you may be ob...