1 SD TRADE
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100+
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Everyone
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About this app
Trading with Fibonacci isn’t complicated.
A logical method for entering a trade is when the stock is going through a pullback (Retracement).
Stocks do not move in a linear fashion. Fibonacci helps new traders understand that stocks move in waves and the smaller the retracements, the stronger the trend.
Fibonacci Retracements are usually used to get a target, which is likely to be achieved in near future. It not only helps you to decode the likely target but also plays an important role in indicating the likely RESISTANCE and SUPPORT level for a stock.
And this app provides fibonacci levels by calculating provided data.
A logical method for entering a trade is when the stock is going through a pullback (Retracement).
Stocks do not move in a linear fashion. Fibonacci helps new traders understand that stocks move in waves and the smaller the retracements, the stronger the trend.
Fibonacci Retracements are usually used to get a target, which is likely to be achieved in near future. It not only helps you to decode the likely target but also plays an important role in indicating the likely RESISTANCE and SUPPORT level for a stock.
And this app provides fibonacci levels by calculating provided data.
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About the developer
TEJAS DHANANJAY BHONG
dev.tejasb@gmail.com
Phulewasti, Yashwantnagar, Malshiras, Solapur, Maharashtra
Yashwantnagar, Maharashtra 413118
India
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