Fibonacci Retracement Strategy for Swing Trading | By Siddharth Bhanushali

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The Fibonacci Swing Trading Strategy uses Fibonacci levels to find spots where prices might change direction in a trend. Traders draw lines between key points and watch for levels like 23.6%, 38.2%, 50%, and 61.8% for potential turning points. They look for signs like candle patterns or volume to confirm these spots. Then, they enter trades, setting up safety nets (stop-loss) and profit goals (take-profit).
In this video, Siddharth has explained the concept of Fibonacci in the stock market and how this tool can help you make money from the stock market.

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Siddharth Bhanushali is a professional trader, investor, and entrepreneur. He makes content on technical analysis, Stock Market & trading psychology. He has the mission to impact the financial life of a 1 crore family by 2025.

Disclaimer: This video is for educational purposes and not a recommendation. Analysis Posted here is just our view/personal study method on the stock. Do your own analysis or consult your financial advisor before making any investment decision.