In the labyrinthine landscape of financial markets, where volatility reigns supreme and uncertainty lurks around every corner, traders seek reliable navigational tools to steer through the tumultuous waters of price movements. Among the myriad techniques at their disposal, Fibonacci analysis emerges as a stalwart companion, offering a nuanced understanding of...
I have an archive of screenshots of this, going back years. After my crypto baptism of fire, using all the money I'd earned from my first international art sale, knowing nothing and choosing leveraged trading for it's potential returns, I initially set out to find the perfect pattern that I thought I sensed when I looked at a financial chart for the first time.....
see the reaction and change in the direction as soon it touches the major levels of the Fibonacci retracement .
Hey traders, In this video, I will teach you how to apply Fibonacci channel. We will discuss theory first. Then, I will show you how to apply that on a real market example. ❤️Please, support this video with like and comment!❤️
In this post, I will explain what jumping S-curves means and how you can identify potential S-curves before they jump . First, let's begin with the chart above (also copied below). This is a yearly chart of McKesson Corporation (MCK), a medical supplies company. As you can see in the chart below, this stock has been soaring over the past year despite most...
Hello, Let us talk about 'Fibonacci.' On this chart: You will read about where it came from? Why do we use it, and where does it help us. Before we dive in to talk about Fibonacci Retracement levels and their use in trading, Let us talk about the origin of Fibonacci : It all started with rabbits. Yes, Rabbits! Fibonacci became interested in a strange...
In this short video, I will teach you to apply Fibonacci retracement tool. We will discuss the common levels to apply. I will show you real market examples and we will discuss important theory. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
By two trendlines I saw what looked to be a gann fan. I fitted it, and it was exact match. So I made the resistance along that long and to the $2 mark. Side it was going in the down direction I took that same scale and and point and time then made it forward. From there I fitted a gann square to that scale. And then a small gann square to scale and angle but...
Hey traders, In this article we will discuss two very popular Fibonacci tools: Fibonacci retracement and extension. 1️⃣Fib.Retracement tool is applied to identify a completion point of a retracement leg within an impulse. As you know price action has a zig-zag form. For example, in a bullish trend, the price tends to set a higher high then retrace and set a...
Hi! I'm xtekky and this is my tutorial on how to use the Fibonacci speed retracement tool- I used Apple (AAPL) as an example to display the tutorial. Steps: (1) Open the fib retracement section on the left bar and select the " Fib Speed Retracement Fan" (2) According to your trading style, select the timeframe I indicated in the chart - to begin with - you can...
Num4 Fib Tutorial, Three tips regarding Fibonacci * Don't Ignore Long-Term Trends. * Don't Rely on Fibonacci Alone. * Don't Use Fibonacci for Short-Term.
Num3 Fib Tutorial, Here should we place SL and TP? Every foreign exchange trader will use Fibonacci retracements at some point in their trading career. Some will use it just some of the time, while others will apply it regularly. But no matter how often you use this tool, what's most important is that you use it correctly every time.
Fibonacci indicator, Num2 Fib Tutorial. How can we use the Fibonacci indicator in trading? Fibonacci indicator can be used to draw : Support lines Identify resistance levels Place stop-loss orders. Set target prices.
Num1 Fib Tutorial, How to set up a Fibonacci indicator level on tradingview.
This tutorial is to explain our FibDev Indicator using AMD 15m chart example. Overview of the daily zones: -- Starting with red zones, these are our daily supply zones. We expect these zones provide resistance and act as potential pivot points for the price to reverse -- The yellow zone is the neutral zone, when price is in this zone we expect that it will...
We previously published a HOW-TO on using this indicator, but since then the UI and the automated signals have changed noticeably. We STRONGLY recommend reading the first HOW-TO for this indicator as the core concepts are still the same (outside of the signals). UI Updates: We now hide the supply or demand zones if they aren't applicable to the current price...
I use Fibonacci numbers rather frequently. In fact, the Fib retracement tool is the first thing I reach for when I start on a new chart. However, explanations for how Fibonacci numbers work have always sound woolly and mystical to me. They work because "man is subject to rhythmical procedure", because there is a Golden Ratio that is hidden behind all things,...
Hey traders, In this video, I will teach you the basics of fib. extension & retracement. In this lesson we will cover: Settings for fib.retracement Settings for fib. extension Impulse leg & correct drawing Application in a trending market Let me know in a comment section if you want to see more lessons like that. ❤️Please, support this video...