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🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
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Fibonacci Analysis: Master the Basics
Thursday, May 7, 2020
Expert: ALAN GREENWALD Hosted by: LegacyFX- Cryptocurrency
- CFD
- Trading Systems
- Beginners
- Intermediate
- Advanced
Traders in any market from forex to cryptocurrency can benefit from this analysis technique, which is highly useful in determining entry and stop levels in multiple time frames and all market conditions.
One tool that many traders and a majority of investors do not include in their analysis is easy to apply the Fibonacci retracement tool.
Using Fibs is not very complicated and can be mastered in no time at all. These retracement levels provide support and resistance levels that can be used to target price objectives.
Depending on market direction, prices will often retrace a significant portion of the previous trend before resuming the move in the original orientation. These countertrend moves tend to fall into specific parameters, which are often the Fibonacci Retracement levels.
ALAN GREENWALD
Alan holds an MBA in Economics from the University of Pennsylvania. has been trading the Commodities and Futures market for over 15 years. Over the years, he’s established a trading strategy that is designed to steadily provide profits. Traders from across the globe are familiar with his expert mentoring and the achievement level of those learners has been extremely great. Mr. Greenwald is able to help newbies or more experienced traders looking for an expert’s input in their trading strategy.
One tool that many traders and a majority of investors do not include in their analysis is easy to apply the Fibonacci retracement tool.
Using Fibs is not very complicated and can be mastered in no time at all. These retracement levels provide support and resistance levels that can be used to target price objectives.
Depending on market direction, prices will often retrace a significant portion of the previous trend before resuming the move in the original orientation. These countertrend moves tend to fall into specific parameters, which are often the Fibonacci Retracement levels.
ALAN GREENWALD
Alan holds an MBA in Economics from the University of Pennsylvania. has been trading the Commodities and Futures market for over 15 years. Over the years, he’s established a trading strategy that is designed to steadily provide profits. Traders from across the globe are familiar with his expert mentoring and the achievement level of those learners has been extremely great. Mr. Greenwald is able to help newbies or more experienced traders looking for an expert’s input in their trading strategy.