**Fibonacci Golden Zone Strategy**

Forex traders identify the Fibonacci retracement levels as areas of support and resistance.

Because of this, the levels are watched by many traders, which is why the Fibonacci Golden Zone

strategy could be a difference maker to your trading success.

The Golden Zone is represented by the price area between the 38.2% and 61.8% Fibonacci

retracement. Obviously, the 61.8% is the most critical number in our strategy.

Now that we’ve learned the importance of the Fibonacci retracement levels and why they work

in analyzing the financial market let’s have a look at the rules of the Fibonacci Golden Zone

Strategy.