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What is Fibonacci golden pocket?
A very important level is the golden pocket, defined as the area between 0.618 and 0.65. ... The golden pocket level is the area where the price most likely reverses and the 0.382 fib level is the second strongest support level of the Fibonacci retracement tool.
What is Fibonacci golden pocket?
A very important level is the golden pocket, defined as the area between 0.618 and 0.65. ... The golden pocket level is the area where the price most likely reverses and the 0.382 fib level is the second strongest support level of the Fibonacci retracement tool.
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