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The percentage is how much retraced Fibonacci numbers are found.
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Fibonacci Trading Strategy - Fibonacci Circles Tutorial (EXPERT INSTANTLY)The retracement helps traders understand how to use technical analysis effectively. To achieve this, traders choose Fibonacci swing high swing low price points. KUCOIN:BTCUSDT Bitcoin / Tether. Trend Analysis Beyond Technical Analysis Fibonacci Retracement. 16 � trendanalysis beyondta. The Fibonacci retracement is a very popular tool used by many technical traders. It identifies strategic points for transactions to be placed.