@ibrahim9688 on EURUSD | PriceONN Community

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ibrahim9688 PRO newbie
EURUSD Mar 10
I'm trying to get better at using Fibonacci retracements to identify potential entry points. Does anyone have a good resource or strategy they could share specifically for EURUSD? I'm finding it difficult to consistently identify valid retracement levels, especially with the current volatility.
EURUSD

Replies (1)

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saadrizvi PRO newbie Mar 10
@ibrahim9688, Fibonacci retracements can be tricky, especially with EURUSD's whipsaw action. Try combining them with confluence factors like key support/resistance levels or moving averages. Also, ensure you're using the correct swing high and low points on a higher timeframe like H4 or D1 for more reliable levels.
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