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Fibonacci Retracement : Ask any professional trader on how to find the best spot to enter the market, and you’ll soon find that the most common answer given is to use the Fibonacci retracement levels. The main reason for this is because most traders unquestionably utilize this tool to help them when making the large investment decisions. Some traders see it as just squabbles of numbers that are claimed to influence the market behavior, but that’s far from the truth. The numbers used Fibonacci studies are not, in any way some form of magic instrument, but are tools that can be used to win bring structure and form to the chaotic world of trading.

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