The Foundation: What is Fibonacci and How it Proven to Be Most Intriguing in Predicting Weekly Forex Trends
The Foundation: What is Fibonacci? Estimated reading time: 6 minutes Key Takeaways Fibonacci sequence is a numerical sequence rooted in mathematics, applicable in trading and natural phenomena. The *golden ratio* provides crucial retracement levels in market analysis. Traders often rely on *market psychology* influenced by Fibonacci for better decision-making. Combining Fibonacci with *price action* offers … Read more