On 27 January ShowFx World invited all Forex traders to grasp one of the most popular tools in technical trading - Fibonacci levels with Coach Zul (Fibo Musang).
They`re used to find potential retracement levels during strong trends and are based on Fibonacci ratios, identified by the famous 13th-century Italian mathematician Leonardo Fibonacci.
Fibonacci ratios, such as the Golden Ratio, can be found in sunflowers, galaxies, and even the human body! A lot of the wonders of the world hide certain Fibonacci ratios inside them, for example Leonardo da Vinci`s Mona Lisa.
Our webinar covered such important topics like how to learn the definition of Fibo levels, how to determine trend and pullback, how to determine the ending of trend, pullback and more.
At the end of the webinar, the winners of the quiz had a chance to receive $1,000 and $2,000 trading bonuses. And a top prize from InstaForex - Garmin Venu GPS Super Smartwatch!
Thank you for participation! See you next time at ShowFx World Online!