PriceCatch

EURUSD - Fibonacci Sequences do work!

FX:EURUSD   Euro / U.S. Dollar
This 3D chart of EURUSD will amply demonstrate how Fibonacci Sequence is very much relevant everywhere - even in markets.

Those traders who do not apply Fibonacci levels on their charts may not fully understand why price turns around at certain levels or anticipate where price is likely to turn around. However, if they applied Fibonacci tool they will start spotting those key levels where price shows a tendency to react.

I found this EURUSD chart interesting and that is why I am sharing.

I am always happy to discuss the markets and share my views.

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