The Only FIBONACCI Video You Will Ever Need | Learn The SECRETS of Fibonacci Trading FX217

As you guys already know, I am not a fan of indicators because about 80% of all forex indicators are all lagging indicators and they tern to cloud my judgement in trading so I prefer pure price action and fundament trading but there is one tool which is very fascinating, unique and effective which I cover on this video know as the Fibonacci Too. So watch to learn how to better use the Fibonacci tool to generate signals in forex trading.
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⚠️ NOT FINANCIAL ADVICE DISCLAIMER:
This video is for educational purposes only. Please do your own research before making any decisions with your money. I will not be held liable for any losses or gains you may experience. I am not your financial or investment advisor. This is completely educational content and should be taken as such - the views expressed in the content are opinions. Nothing on this channel should be taken as a recommendation to buy a particular crypto asset. The information shared on this channel is not indicative of future results. Analyses are not absolute and are prone to change in accordance with present and future market events. Please do all of your own research before you buy any stock or financial product.
What Are Fibonacci Retracement Levels?
Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur. They stem from Fibonacci’s sequence, a mathematical formula that originated in the 13th century.

Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not officially a Fibonacci ratio, 50% is also used.

KEY TAKEAWAYS
Fibonacci retracement levels connect any two points that the trader views as relevant, typically a high point and a low point.
The percentage levels provided are areas where the price could stall or reverse.
The most commonly used ratios include 23.6%, 38.2%, 50%, 61.8%, and 78.6%.
These levels should not be relied on exclusively, so it is dangerous to assume the price will reverse after hitting a specific Fibonacci level.

Видео The Only FIBONACCI Video You Will Ever Need | Learn The SECRETS of Fibonacci Trading FX217 канала Ndemazeah Godlove