Taking my Last Educational video here on TradingView to the Next Level.
Firstly reminding traders of how to measure pullbacks against the main trend with Fibonacci Retracements. Then new for this week, how to use the Fibonacci Extension Tool to define that high probability Price Target zone, after a measured pullback.
Using FISV stock as an example but the same strategy can be used with the same success on all instruments.
In fact!! As your homework, lets see some chart images in the comments below with your pullback measurements and projected target measurements on lots of different instruments.....
Firstly reminding traders of how to measure pullbacks against the main trend with Fibonacci Retracements. Then new for this week, how to use the Fibonacci Extension Tool to define that high probability Price Target zone, after a measured pullback.
Using FISV stock as an example but the same strategy can be used with the same success on all instruments.
In fact!! As your homework, lets see some chart images in the comments below with your pullback measurements and projected target measurements on lots of different instruments.....
Learn More about my Signature XBrat Algo Trading Software for TradingView HERE globaltradingsoftware.com