What Are Fibonacci Fans & How To Trade With Them

Fibo Fans Explained

Fibonacci numbers are popular in the online trading world. They can confirm the wave theory of Elliot, so followed by many forex players, serve to determine the beginning and end of the corrective movement of prices. In addition to the Fibonacci levels and placing orders according to its signals, traders can get acquainted with other tools based on Fibonacci such as Fibonacci fans which we will look into in this article What are Fibonacci Fans? Fibonacci fans are sets of trendlines drawn from a trough or peak through a set of points dictated by Fibonacci retracements. Traders can use the …READ MORE