Canadian Dollar / Japanese Yen
Education

Tips And Tricks On How To Trade Fibonacci Tool

442
The Fib Tool Is Crucial For My Strategy and i will show u how to use correctly to guarantee ur trade will hit TP instead of SL.
1- i choose 61% - 71% - 78% fib level.
2- i wait for the price to be between 61% and 71% to enter a trade and waiting for a good price action will be extra good.
3- to put ur sl it needs to be above 78% fib level at least 30 pips.
4- ur tp can be areound -27% and -61% fib level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.