How to Beat The Odds With Fibonacci

The process of technical analysis of stocks involves an important study called Fibonacci Retracement. This study helps in determining the support and resistance levels of a script at any given point. The user can enhance and improve his trades with the help of Fibonacci Retracements,  thereby improve his entry and exit points. The Fibonacci Retracement tool is based on the concept that markets will retrace a predictable portion of its prior movement , thereafter it will continue with its initial direction. Fibonacci Retracement Levels are often used by traders and investors to analyze and predict price movements in the market.