The ULTIMATE Fibonacci Retracement Tool Guide - Best Tips & Tricks

The Fibonacci retracement tool can be a very great guide for finding important levels if used right. In this video, I tell you how to use the Fibonacci retracement tool, a common mistake people make while using it, and how to find the right place to sell. Enjoy!

If you learned something new, leave a like.

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⏱️ Timestamps
00:00 - The Fibonacci Sequence
00:58 - Why You Should Be Using The Fibonacci Retracement Tool
02:16 - Best Fibonacci Settings
02:54 - How to Use The Fibonacci Retracement Tool
05:06 - Example One (Long Example)
07:45 - Example Two (Short Example)
11:04 - Fibonacci Retracement Tool Tip

*None of this is meant to be construed as investment advice, it's for entertainment purposes only. The links above include affiliate commissions or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

[TradingLabOfficial]

Scrolling back up to smash the like button may not change the world, but for the like button, the world will change.

[xRedNationx]

This also works from high to low premarket levels. If you draw it using a premarket high and post market (usually within 10-30 min low) you will have strong levels too for the rest of the day.

[CasinoMaskMan]

Watching this video multiple times allows you to see the little things, this is amazing. So much detail, one of the best trading channels out there. Deserves so much more than instagram gurus

[mati]

Thanks so much man, you are teaching all this stuff for free when others YouTubers just want to sell their courses.

[learningmonk]

Watched multiple videos on Fibo but this is the BEST. Was looking for price action stuff and landed to your channel.
It's worth a super Also subscribed to your channel. Will look forward for learning.
In market for last 10+ years, but started my learning journey couple of months ago.
Moving away from indicators and intraday to swing/positional with Price Action and Fibo🤞

[kingpatty]

I tried using the Fibonacci on BTC on a weekly timeframe and was amazed that the price follows its retracement levels. The price does bounce on 0.75, 0.50, and 0.618 levels.

[mayacho]

One of the best content I’ve seen. stock is the best, though I don’t self trade but I still make my profit with the help of my broker till I'm sure I can start of self trading.

[skuum]

8:12 Since its a new swing high, shouldnt u redraw the fib upwards to the real swing high?

[elizabethmichigan-nt]

I am fortunate I made productive decisions about my finances that changed my life forever. I’m a single mother living in Hk China, bought my second house in April and hoping to retire next year at 50 if things keep going smoothly for me.

[STRONGMIKE]

Just made a little over 800 dollars because of this video right here. God bless you man!

[krystian]

Im using 38.2% as well. Its a lot of reaction on this level too

[ashh]

Holy shiiii, this is very well made. The smooth transition. The clear cut animation paired with Easy to understand, yet concise straight to the point explanation. Well done :)

[rawansweedan]

What is the best time frame for this strategy?

[Ch_haniel]

If I understand Fibonacci from this video + 1 subscriber

[jivkojheliaskov]

May I ask on which Interval you're tracking the candles?

[EdidiongIfiok]

This is a really nice video. At first i used to hate the fibonacci retracement tool because it was so complicated and hard to trade with. But after watching the video i really am amazed. I am really happy i subscribed

[Sam-xqfo]

Great video and explanation. Really appricited. i will make your setting and practice..

[The__Gent]

My new favorite learning channel for trading.

[matiasmarz]

This is actually amazing, that with a math rule, that we see on natural and all over the world that surrounds us we can see this con the chart and candlesticks and make a profit with it

[Photographily]

What time frame do you use, like hours, .minutes, daily?