Forex Basics for Beginners | How I Use Fibonacci to Find Forex Entries and Take Profits
Hey y’all.
I hope you are doing well this Saturday evening.
I am doing this video over in response to some folks who say the earlier versions were not clear. I show you my fibonacci forex strategies. I show you how to use this in TradingView but it can also be used on MT4 and MT4 mobile.
In this video I break down how I use Fibonacci to find my Forex entries and take profit levels. I add additional extension levels to Fibonacci tool in Forex. I also show a little of how this combines with Elliott Wave trading.
I use the fibonacci retracement tool in uptrends, downtrends intraday and swing trading. It can work on any timeframe.
Let me know below how you use the Fibonacci tool. Is it similar or different?
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