A retracement is defined as a temporary change in price movement against the price direction of a financial instrument, such as Forex, stock, gold, index, cryptocurrencies etc.

Retracement provides opportunity to get Into a trading position.

If the general market bias is bullish i.e going up, then in a retracement you will be looking for buy trades or long.

If the general market bias is bearish i.e going down, then in a retracement you will be looking for sell trades or shorts.

Fibonacci retracement levels is the best tool to use to get accurate entry points during retracements.

I am teaching people how to use it, however I want to expand my network and accept more members.

If you want exclusive lessons, it cost's five thousand naira for a two week period.

Drop your phone number to join the community.