Hi guys !
This a simple chart with a explicit Fibonacci Indicator. Many people asking me how to use it, it's easy, have a look.
Story : Fibonacci was an Italian mathematician (1175 - 1250). He discovered this number sequence like this: Each numbers is calculated by adding the two previous numbers, for exemple : 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89...
The special thing in this sequence is that every numbers is 1.618 of previous and 0,618 of next one. And as you know, 1,618 is the "Gold number" .
(Hope my english is not too bad haha)
1 - Choose a higher and lower price (downtrend) or lower and higher price (uptrend)
2 - Fibonacci will retrace different line at 23.6, 38.2, 50, 61.8, 78.6 and 100 %
3 - Theses line will be the next supports / resistances in the correction / bounce
You can use it to place the best order (BUY or SELL) and make more profit.
Ask me for any questions !
Thanks for your time.
This a simple chart with a explicit Fibonacci Indicator. Many people asking me how to use it, it's easy, have a look.
Story : Fibonacci was an Italian mathematician (1175 - 1250). He discovered this number sequence like this: Each numbers is calculated by adding the two previous numbers, for exemple : 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89...
The special thing in this sequence is that every numbers is 1.618 of previous and 0,618 of next one. And as you know, 1,618 is the "Gold number" .
(Hope my english is not too bad haha)
1 - Choose a higher and lower price (downtrend) or lower and higher price (uptrend)
2 - Fibonacci will retrace different line at 23.6, 38.2, 50, 61.8, 78.6 and 100 %
3 - Theses line will be the next supports / resistances in the correction / bounce
You can use it to place the best order (BUY or SELL) and make more profit.
Ask me for any questions !
Thanks for your time.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.