Fibonacci retracement levels are considered as hidden support and resistance levels. Quite often they coincide with obvious support and resistance levels, like in the forex graph in question.

In practice, if a Fibonacci retracement level breaks during ... Swing traders who use a breakout forex trading strategy will typically identify levels of support and resistance on an exchange ...

Fibonacci retracement levels are key ... The best entry indicator for forex varies among traders because of individual strategies and preferences. However, Moving Averages and the Relative ...

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Swing traders love the Zig Zag because it helps them analyze entries on possible retracements ... they use in order to execute their strategy. Common forex trading tools are volume indicators ...

7204. This zone is controlling the near-term direction of the Forex pair. The short-term range is .6943 to .7243. If the main trend changes to down then its retracement zone at .7093 to ...