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Details Of Event
EVENT DATE : 26 Apr 2008 (Saturday)
The Fibonacci retracement levels can be useful for traders to identify reversals on a price chart.
We will look at some case studies on how you can identify the Fibonacci levels on the below pictures.
Stocks will often pull back or retrace a percentage of the previous move before reversing. These Fibonacci retracements often occur at three levels 38.2%, 50%, and 61.8%.
Using Fibonacci confluence with technical indicators, we will build trading strategy and automate it to become a winning trading system
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