what is the use of fibonacci retracement?

The Usefulness of Fibonacci Retracement in TradingThe Fibonacci retracement is a popular technical analysis tool used by traders and investors to identify potential price reversals and entry points.

nahasnahas
how do you calculate fibonacci retracement levels?

How to Calculate Fibonacci Retracement LevelsThe Fibonacci retracement levels are a powerful tool in technical analysis that help traders and investors predict the potential direction of a stock, currency, or other asset.

naginagi