Fibonacci in Technical Analysis: Tools for Reversal & Continuation

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  • Math

  • High School

  • 12th grade

  • Calculus and Advanced Math Concepts

  • English

Author's Instructions

In technical analysis of financial markets, Fibonacci ratios and levels are recognized as one of the oldest tools for identifying price reversal points.

The main feature of these levels is their compatibility with the repetitive structure of the market, such that during both upward and downward waves, prices often react to these levels.

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