ilmscore | Prediction Details
"So Fibonacci point and also explains how to take trades. Let's say market up, Fibonacci will tell you that when it came down, it will go up from here. As soon as you know the Fibonacci level, in a particular movement, you get momentum candles, you get a particular chart pattern, from there you can take a trade in the up direction, in the direction of the trend."
By Trade with Purab | August 8, 2024 | Pending
From video
Fibonacci Crash Course for Beginners | Fibonacci Retracement Tool 00:22:57 - 00:23:14
Interpreted Prediction
Fibonacci levels can be used to identify potential entry points for trades. After a retracement, when momentum candles or chart patterns confirm the direction, a trade can be taken in alignment with the trend.

Prediction Details

Topic
Fibonacci Tool Application in Trading

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