How you NOT use Fibonacci! Support&Resistance for beginners!
Hey everyone,
welcome to my second Video about fibonacci and how you should and should not use retracement- and extension levels. :-)
There is way more to say about resistance and support-levels.
Since I only got 10 mins. for a video I can just talk about small pieces and highly recommend you to check more about this topic.
I just wanted to give you an example how the market works and how it respects resistance and support-levels.
There are more Traders than those who safe profit to cause resistance or support-zones.
Stop-Loss-Levels gets triggered, Take-profit, fundamentals, those who are flat and wait for signals and so on.
If you wanna see more about that topic just use the comment section and tell me more about your wishes. :-)
You can also PM me!
Peace and good trades
Irasor
Trading2ez
Wanna see more? Don`t forget to follow me. :-)
Need education or more signals? PM me. :-)
welcome to my second Video about fibonacci and how you should and should not use retracement- and extension levels. :-)
There is way more to say about resistance and support-levels.
Since I only got 10 mins. for a video I can just talk about small pieces and highly recommend you to check more about this topic.
I just wanted to give you an example how the market works and how it respects resistance and support-levels.
There are more Traders than those who safe profit to cause resistance or support-zones.
Stop-Loss-Levels gets triggered, Take-profit, fundamentals, those who are flat and wait for signals and so on.
If you wanna see more about that topic just use the comment section and tell me more about your wishes. :-)
You can also PM me!
Peace and good trades
Irasor
Trading2ez
Wanna see more? Don`t forget to follow me. :-)
Need education or more signals? PM me. :-)
Math and history behind Fibs.