Here is all i have learned about the fibonacci retracement tool...
Analysis into his chart:
Price retraces to 50 fibs level
This indicates a strong uptrend.
Thus a bounce on 0.5 fibs could
give high probability to target - 0.272
As a take profit
Analysis into his chart:
Price retraces to 50 fibs level
This indicates a strong uptrend.
Thus a bounce on 0.5 fibs could
give high probability to target - 0.272
As a take profit