Forex harmonic patterns are a type of chart pattern used by forex traders to identify potential reversals in the market. Harmonic patterns are based on Fibonacci numbers and geometry and use specific ...
Applying Fibonacci levels to your Forex charts is a simple yet advanced two step method for finding price targets in the trends path. Article Summary: When studying how to place trades in the ...
The Fibonacci sequence is more than a historical curiosity. It is a practical method of technical analysis used to highlight potential areas that traders monitor for support and resistance.