ICunity is a multi-asset investment house. Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here.
ICunity is a multi-asset investment house. Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here.
IC Unity is a multi-asset investment house. Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here.
Lesson Overview
Fibonacci retracements are used to identify pullback levels within trends.
How to Draw Fibonacci Retracements
Drawing from swing low to swing high in uptrends
Drawing from swing high to swing low in downtrends
Common Retracement Levels
Shallow pullbacks in strong trends
Deeper retracements in corrective phases
Using Retracements for Entries
Waiting for price confirmation
Aligning with trend direction
Key Takeaway
Retracements help traders enter trends at better prices.