PLOTTING A FIBONACCI EXPANSION:
- Select the Fibonacci Expansion Tool
1) Start From The Top Of The Trend (In A Down Trend)
2) Set The Middle Point Where The Correction Started
3) Set The 3rd Point, Where The Correction Ended
Possible Target areas and/or zones are plotted below this 3rd point for you to utilize as per your risk management and trading style.
*For an uptrend set up you would just need to turn the above upside down, not hard but will help lessen your stress when trading FX.
- Select the Fibonacci Expansion Tool
1) Start From The Top Of The Trend (In A Down Trend)
2) Set The Middle Point Where The Correction Started
3) Set The 3rd Point, Where The Correction Ended
Possible Target areas and/or zones are plotted below this 3rd point for you to utilize as per your risk management and trading style.
*For an uptrend set up you would just need to turn the above upside down, not hard but will help lessen your stress when trading FX.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.