1/6 🧠

Fibonacci retracements are a popular technical analysis tool that help traders identify potential support and resistance levels using mathematical ratios #Fibonacci #TechnicalAnalysis #TradingBasics #ningenie #ninx #ninjapay

2/6 📊

By drawing Fibonacci levels between a significant high and low, traders can spot areas where price may pause, reverse, or continue its trend across markets #MarketTrends #PriceAction #ChartAnalysis #ningenie #ninx #ninjapay

3/6 📐

Key retracement levels such as 23.6%, 38.2%, 50%, and 61.8% often act as psychological zones where buying or selling pressure increases #SupportAndResistance #TradingStrategy #ningenie #ninx #ninjapay

4/6 🏆

The 61.8% level, known as the golden ratio, is closely watched as prices frequently react near this zone in stocks, forex, and crypto markets #GoldenRatio #SmartTrading #ningenie #ninx #ninjapay

5/6 🔍

Fibonacci retracements become more reliable when combined with indicators like trendlines, moving averages, or RSI for stronger trade confirmation #RiskManagement #IndicatorBasedTrading #ningenie #ninx #ninjapay

6/6 ⚠️

Fibonacci levels are not guarantees but structured guidelines that help traders plan better entries, exits, and stop-loss levels within trends #TradingEducation #LearnTrading #ningenie #ninx #ninjapay