Fibonacci + Moving Averages: For Target and Re-entry
Fibonacci retracement is a technical analysis tool that uses the Fibonacci sequence to predict price levels where a stock or asset might reverse or stall. Traders use this tool to identify potential support and resistance levels, and to make informed trading decisions
A moving average is a technical indicator that investors and traders use to determine the trend direction of securities. It is calculated by adding up all the data points during a specific period and dividing the sum by the number of time periods. Moving averages help technical traders to generate trading signals.
SPEAKERDharmendra RajbharTrainer
PGDM in finance, having 5+ experience in Equity, commodities , forex analysis and trading.
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