Fibonacci Indicators tutorial – Definition and Usage
Here are the tools that you can use together with the Fibonacci indicators to maximize the overall efficiency of forecasting trends, find optimal market entry points, and reduce risks.
Fibonacci Olymp Trade
How to Trade with Fibonacci
If a retracement is taking place within a trend, you could use the Fibonacci levels to place a trade in the direction of the underlying trend. The idea is that there is a higher chance a security’s price will bounce from the Fibonacci level back in the direction of the initial trend.
Fibonacci indicator in Technical analysis – Powerful and safety
Fibonacci indicators have shapes such as retracement, fan, arc, extension,… It uses Fibonacci theory to draw supports and resistances with golden ratio.
