A Comprehensive Guide to Fibonacci Retracements Updated for COINBASE:BTCUSD by XForceGlobal

The Fibonacci retracement’s effectiveness largely depends on how it’s used in conjunction with other technical analysis tools and market conditions. While some traders find the indicator useful for identifying potential support and resistance levels, others view them as more subjective. Yes, Fibonacci retracement can be used in combination with other technical analysis tools such as...