How To Best Trade Fibonacci Retracement|Fibonacci Trading Strategy

How To Best Trade Fibonacci Retracement|Fibonacci trading strategy|Support & Resistance Levels

What is Fibonacci Retracement?

Fibonacci retracement level in forex technical analysis is the possibilities of the price make A"retracement tool" and "Extension" in market trending structure.

1:3 Fibonacci Retracement Level
There are 3 entry entry level of fibonacci
retracement level.
2:This entry level can be find using fibonacci
tools.
3:The entry level are :
50.0 Enrty 1
38.2 Entry 2
23.6 Entry 3

 Fibonacci Retracement Entry Level
161.8 Target Profit 2
100.0 Target Profit 1
50.0 Enrty 1
38.2 Entry 2
23.6 Entry 3
0.0 Stop loss

1:Click Here to see 12 more example
2:You can use H1 and H4 time frame to make
this fibonacci analysis.
3:Always refer to the trend of market trending
4:If market trending uptrend, just looking for
buy opportunity.
5:If market is trending downtrend, just looking
for sell opportunity.