Fibonacci retracements - a Trade Talk
Fibonacci retracements - a Trade Talk por Lúcio José Patrocínio Filho:. Unlock the secrets of the markets with the precise Fibonacci Retracements tools . Fibonacci retracement tools can be used to trade any assets as well as crypto currencies like Bitcoin by identifying potential levels of support and resistance during a price retracement in a trend . But what is a trend? In trading, a trend refers to the general direction of a market or asset over a period of time. Trends can be classified as bullish (upward), bearish (downward), or neutral. A bullish trend refers to a market or asset that is generally moving upward over a period of time. This is often characterized by higher highs and higher lows on a price chart. A bearish trend refers to a market or asset that is generally moving downward over a period of time. This is often characterized by lower highs and lower lows on a price chart. A neutral trend refers to a market or asset that is not clearly...