Question
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A perfect Fibonacci strategy?
1 Answer
<p id="isPasted">A perfect Fibonacci strategy, in reality, doesn't exist in trading, as Fibonacci levels are tools to identify potential support and resistance, not guarantees of future price movement. Fibonacci levels are generally helpful, but they work best in trending markets and one should use it in conjunction with other technical indicators and a solid understanding of market context. </p><p><br></p>