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today we will talk about one of the most famous and effective technical analysis tools Fibonacci levels you asked me to make this video on this topic and I could not let you down in this video we will learn how a sunflower an egg and hurricane and this $500 transaction closed in Black by the way are connected to each other sounds interesting right so letamp;#39;s get started letamp;#39;s talk about what weamp;#39;re going to learn in this video first of all what is Fibonacci retracement then we will talk about how to correctly apply Fibonacci levels on the chart then which levels show the best win rate and how to determine the best entry point to a deal and of course as a tradition as usual whatever you want to call it we will hold a session with this strategy and of course put our theoretical knowledge to a good use but before we start I would like to thank you for your engagement with all the videos you like and write comments which gives me motivation to continue making useful an