FIBONACCI RETRACEMENT [For Beginners] - The ULTIMATE Beginner's Guide

The Fibonacci Retracement Tool is one of the best tools out there for finding immediate support and resistance zones to trade with.

In this video, I'll teach you how to set-up the fibonacci tool on TradingView, step by step, in order to best trade with it.

I'll explain to you what the levels of the tool actually mean, and which ones I find the most important.

We'll place the tool on a chart, and I'll show you exactly how to make money trading fibonacci retracements.
// WHAT TO WATCH NEXT

TradingView 101:
https://www.youtube.com/watch?v=qVwRUL0I_SY

A Simple Support & Resistance Strategy:
https://www.youtube.com/watch?v=AUWUaYAfxcA&t=103s

Elliot Wave Tutorial - Part 1:
https://www.youtube.com/watch?v=pdNjOKSbVnU

Day Trading (Real Example):
https://www.youtube.com/watch?v=qvwyQ07Iugo
// LEARNING MATERIALS
The Best Elliot Wave Cheat Sheet: https://amzn.to/3caeCX6
Trading In The Zone (Mark Douglass) - One of the best trading books in existence: https://amzn.to/2wxhJsU
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Видео FIBONACCI RETRACEMENT [For Beginners] - The ULTIMATE Beginner's Guide канала Trading Tutor