Fibonacci Trading - Clusters

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  1. End of the Chain
  2. Fibonacci
  3. Fibonacci Sequence
  4. Trading
  5. Technical Analysis
  6. Markets
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Комментарии
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Hi there. Sorry. I've got a question. I draw two fibonacci retracements or extension and I get a confluence in an uptrend for example where, let's say, the 1.618 of one fibonacci confluences with the 2.618 of another fibonacci. But the price does not get to that level and changes direction before hitting that level. What am I doing wrong?

puryakuhzare
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are you sure you really know about how fib levels are drawn?

ersingungor
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its kind of tricky to trace it without biasing the formation of the cluster. you need a lot of practice. thanks for the video. these alone are enough to get in out of a trade? what else do you usually combine with? RSI, Volume? bands??

Eric-nbvg
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he doesn't know how to draw fibonacci properly...

ngrngr