Cryptocurrency Q&A Which timeframe is best for Fibonacci retracement?

Which timeframe is best for Fibonacci retracement?

TaegeukChampionCourage TaegeukChampionCourage Thu Nov 07 2024 | 6 answers 1297
I'm trying to figure out the optimal timeframe for using Fibonacci retracement. Should I apply it to short-term charts, like daily or hourly, or would it be more effective on longer-term charts, such as weekly or monthly? Which timeframe is best for Fibonacci retracement?

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