Trading with Fibonacci Levels

[vc_row][vc_column][vc_column_text]Fibonacci retracement levels have become one of the main tools for the modern chartist and included in all popular trading platforms.

Analyst’s plot the key Fibonacci retracement levels of 76.4%, 61.8%, 38.2%, 23.6%, and 50% to determine entry points either for shorts or longs and they can also identify levels for taking profits and for stop-loss orders.

Watch our video below and learn the following:

  • How to draw Fibonacci retracement levels for Forex trading
  • Fibonacci mistakes that can lead to misleading signals
  • How to set up the MT4 Fibonacci tool as per your trading style
  • How to turn Fibonacci signals into potential trading opportunities
  • A real demonstration by an experienced trader.

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