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🎁🎁$100 draw🎁🎁 To win $100 you need to guess a number from 1 to 500 To participate you need: 1 Follow me 2 Like this post 3 Guess the number (write answers in comments) I will answer in 24 hours $BTC $ETH $BNB #HotTrends

🎁🎁$100 draw🎁🎁

To win $100 you need to guess a number from 1 to 500

To participate you need:

1 Follow me

2 Like this post

3 Guess the number (write answers in comments)

I will answer in 24 hours

$BTC $ETH $BNB #HotTrends

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Do You Want to Be a Succesful Trader? Here are the most important methods you need to learn!! The most popular form of technical analysis are Fibonacci retracements (FIBs), which have been particularly highlighted for their effectiveness in the current year, indicating their significant use among traders. These levels are based on a series of numbers where each number is the sum of the two preceding ones (1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, and so on) [0]. To apply Fibonacci retracements, one connects any two points that they view as relevant, typically a high point and a low point. The key ratios used in this tool are 23.6%, 38.2%, 50%, 61.8%, and 78.6%, with 50% being included despite not being a Fibonacci ratio. These percentages indicate where the price might find support or resistance [0]. For example, if the price of a stock rises $10 and then drops $2.36, it has retraced 23.6%, which is a Fibonacci number. Traders use these retracement levels to set stop-loss orders or to identify points to enter or exit trades Additionally, other widely used methods mentioned include basic ICT (Information and Communication Technology), support and resistance (S/R) zones, and structure theory. These techniques have been employed by traders to analyze price movements and make informed trading decisions [x6]. It's also worth noting that moving averages, particularly the Simple Moving Average (SMA) and the Accumulation/Distribution Line, are among the most commonly used indicators for day traders and technical analysts. These tools help in generating buy and sell signals and identifying trends or patterns. Lastly, the Dow Theory, which was introduced in the late 1800s and is considered a foundational concept in technical analysis, continues to be relevant today. It emphasizes the importance of analyzing price movements and market trends. Fibonacci retracements, support and resistance zones, moving averages, and the Dow Theory are some of the most popular forms of technical analysis used by traders to navigate the markets effectively.
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