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Fibonacci Retracement

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Just go ahead that Fibonacci Retracement is a favorite analysis tool for traders, number accuracy Fibonacci in forex analysis is quite famous. According to Fibonacci scientists is "God's Numbers" because this Fibonacci number combination can be found in nature even exists in every inch the proportion of the ideal human body.

In Metatrader 4 (abbreviated MT4) there are several fibonacci retracement levels, namely: 0 , 23.6, 38.2, 50, 61.8, 100, 161.8, 261.8 and 423.6 Many analysts and traders have style and characteristics of analysis based on correction or rebound from the price. They will try to find prices highest or lowest then take a position afterwards. The view that prices will reverse (retrace) from the initial movement after a rapid movement indeed it is not a strange thing and to get the levels of movement goals prices after rapid movements with support and resistance, Fibonacci Retracement is considered one of the best. Strengths use Fibonacci



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#1 - February 07, 2019, 11:02:38 AM
« Last Edit: July 16, 2024, 07:31:49 PM by Admin »

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1. Fibonacci is not a lagging indicator but the leading indicator is not there  the name is repaint, late, etc.  
2. Fibonacci is drawn based on price action and is dynamic.  
3. With fibo no more complicated indicators make it dizzy to make it more  focus on the market.  
4. With automatic fibo our Risk and Reward ratio will be good at least TP = SL or  even better TP> SL.  
5. The fibo retracement technique is a trend folower technique that makes it safer.
#2 - February 07, 2019, 11:11:02 AM

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HOW TO ATTRACT FIBO
To get the Fibonacci Retracement, what needs to be done is to draw avirtual trend line with the following steps and rules:1. Click on your favorite MT4 fibo image. Then specify the candleshow Trend.2. Fibo withdrawal rules for uptrendpulled from the top of the tail tobottom end of the tail example:Fibonacci Retracement  in MT4 / MT5 Indicators_proxy
#3 - February 07, 2019, 11:19:24 AM

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3. Fibo withdrawal rules for Trendsdown pulled from the tip of the tail at mostbottom to tip of the topmost tail.
#4 - February 07, 2019, 12:16:49 PM

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Example: Fibonacci Retracement  in MT4 / MT5 Indicators_photo-2018-10-24-10-24-37
#5 - February 07, 2019, 12:18:30 PM

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4. Fibo Must be drawn between the candlesthe same, so it shouldn't be interestingfibo from different candles.
#6 - February 07, 2019, 12:22:58 PM

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Fibonacci Retracement  in MT4 / MT5 Indicators_proxy
#7 - February 07, 2019, 12:35:34 PM

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Just go ahead that Fibonacci Retracement is a favorite analysis tool for traders, number accuracy Fibonacci in forex analysis is quite famous. According to Fibonacci scientists is "God's Numbers" because this Fibonacci number combination can be found in nature even exists in every inch the proportion of the ideal human body.

In Metatrader 4 (abbreviated MT4) there are several fibonacci retracement levels, namely: 0 , 23.6, 38.2, 50, 61.8, 100, 161.8, 261.8 and 423.6 Many analysts and traders have style and characteristics of analysis based on correction or rebound from the price. They will try to find prices highest or lowest then take a position afterwards. The view that prices will reverse (retrace) from the initial movement after a rapid movement indeed it is not a strange thing and to get the levels of movement goals prices after rapid movements with support and resistance, Fibonacci Retracement is considered one of the best. Strengths use Fibonacci
good night, bro, I ask permission to study and listen to the fibonaci technique that you share, of course, if you don't mind.
#8 - February 07, 2019, 01:47:49 PM

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Just go ahead that Fibonacci Retracement is a favorite analysis tool for traders, number accuracy Fibonacci in forex analysis is quite famous. According to Fibonacci scientists is "God's Numbers" because this Fibonacci number combination can be found in nature even exists in every inch the proportion of the ideal human body.

In Metatrader 4 (abbreviated MT4) there are several fibonacci retracement levels, namely: 0 , 23.6, 38.2, 50, 61.8, 100, 161.8, 261.8 and 423.6 Many analysts and traders have style and characteristics of analysis based on correction or rebound from the price. They will try to find prices highest or lowest then take a position afterwards. The view that prices will reverse (retrace) from the initial movement after a rapid movement indeed it is not a strange thing and to get the levels of movement goals prices after rapid movements with support and resistance, Fibonacci Retracement is considered one of the best. Strengths use Fibonacci
Thank you for giving me the fibonacci retracement information, this makes me learn more about the advantages of the fibonacci retracement indicators.
#9 - February 07, 2019, 01:54:05 PM

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good night, bro, I ask permission to study and listen to the fibonaci technique that you share, of course, if you don't mind.
HAPPY NIGHT ALSO BRO, PLEASE BRO, PLEASE LEARN AND HELP USEFUL
#10 - February 07, 2019, 03:12:00 PM

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Thank you for giving me the fibonacci retracement information, this makes me learn more about the advantages of the fibonacci retracement indicators.
Same with bro, hopefully what I present can be useful
#11 - February 07, 2019, 03:13:55 PM

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5. If the last body candle is notexceeds the previous candle's tail,then the candle is not dragged.
#12 - February 07, 2019, 03:36:12 PM

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Fibonacci Retracement  in MT4 / MT5 Indicators_proxy
#13 - February 07, 2019, 03:37:50 PM

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Just go ahead that Fibonacci Retracement is a favorite analysis tool for traders, number accuracy Fibonacci in forex analysis is quite famous. According to Fibonacci scientists is "God's Numbers" because this Fibonacci number combination can be found in nature even exists in every inch the proportion of the ideal human body.

In Metatrader 4 (abbreviated MT4) there are several fibonacci retracement levels, namely: 0 , 23.6, 38.2, 50, 61.8, 100, 161.8, 261.8 and 423.6 Many analysts and traders have style and characteristics of analysis based on correction or rebound from the price. They will try to find prices highest or lowest then take a position afterwards. The view that prices will reverse (retrace) from the initial movement after a rapid movement indeed it is not a strange thing and to get the levels of movement goals prices after rapid movements with support and resistance, Fibonacci Retracement is considered one of the best. Strengths use Fibonacci
good always give motivation to what we can to others.
#14 - February 07, 2019, 10:40:42 PM

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Just go ahead that Fibonacci Retracement is a favorite analysis tool for traders, number accuracy Fibonacci in forex analysis is quite famous. According to Fibonacci scientists is "God's Numbers" because this Fibonacci number combination can be found in nature even exists in every inch the proportion of the ideal human body.

In Metatrader 4 (abbreviated MT4) there are several fibonacci retracement levels, namely: 0 , 23.6, 38.2, 50, 61.8, 100, 161.8, 261.8 and 423.6 Many analysts and traders have style and characteristics of analysis based on correction or rebound from the price. They will try to find prices highest or lowest then take a position afterwards. The view that prices will reverse (retrace) from the initial movement after a rapid movement indeed it is not a strange thing and to get the levels of movement goals prices after rapid movements with support and resistance, Fibonacci Retracement is considered one of the best. Strengths use Fibonacci
The fibbo technique is relied on by traders because the accuracy is pretty good and simple to use. Including myself, I like to use this one indicator.
#15 - February 07, 2019, 11:28:43 PM

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