Do you use fibonacchi?

[Eduardo Lucchese]

I think Fibonacci is an effective technical tool because it helps traders identify the support and resistance levels by which we can identify our targets.

 

[SaadBinToha]

While selecting a broker, we should consider whether the facilities provided by the broker is risk management-friendly or not.

 

[Eduardo Lucchese]

Indicator is a software that indicates the future market movement. There are several indicators available on the market that help in analyzing the market properly.

 

[Aaron_0]

Fibonacchi is an indicator with numerous points showing strong support and resistance levels and it is highly used in technical analysis.

 

[Ethan]

A forex trader must pose the quality of sustaining more and losses because it helps a trader survive in forex for long.

 

[SaadBinToha]

Technical analysis helps us catch the market range well. Sometimes the market is stuck in a range and tends to breakout from either side. Those who are technical analyzer can make the best use of this opportunity.