Explains how price interacts with Fibonacci areas and identifies

—— We look from another strategic perspective at different aspects of (development) of technical analysis, and the practical search for progress;

So what is useful!!!

We may touch on the (Fibonacci) tool and its definition in drawing the price trend, where the price chose the boundaries of the Fibonacci areas, where the first test was in the (0.80) degree measurement and in a second process, from the (0.75) measurement, after which it broke through and began building the new trend, where the price can expect to rise to $2720 and touch the descending inclined line and the resistance line,
From now on we are sure to learn about how to take the deal by following two possibilities, which is that the price can break the first inclined line, so we will wait and put more time, then we look for confirmation by the price passing to the second ascending inclined line, so at this stage it is considered that the price tested the ascending inclined line, several times, so we can say that we have achieved greater benefit in how to exploit the market and seize it