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Fibonacci retracement levels are a strategy that some traders use to analyze a stock’s resistance levels. You can use many different retracement levels but one of the most common is 61.8%.
Traders swear by Fibonacci retracement — a simple yet powerful tool that helps decode the market’s twists and turns. Rooted in a centuries-old mathematical sequence, these key levels reveal where ...
Immediate Resistance: $728.3, a key level for confirming bullish momentum. Key Targets for Breakout: Higher Fibonacci extensions if bullish continuation occurs.
Detailed price information for Danish Krone/Hong Kong Dollar (DKKHKD) from The Globe and Mail including charting and trades.
You can also follow us on YouTube for more examples of how to use the Fibonacci retracements with the ONE44 rules and guidelines.