Daily Learning
Day-33
Fib Retracement - In a trending market, when the price starts to retrace or pull back, 0.618 Fib retracement level acts as a resistance level. And if it aligns with other resistance levels, it can act as a stronger resistance, making it more difficult for the price to break through that level.
Day-33
Fib Retracement - In a trending market, when the price starts to retrace or pull back, 0.618 Fib retracement level acts as a resistance level. And if it aligns with other resistance levels, it can act as a stronger resistance, making it more difficult for the price to break through that level.