Fibonacci Retracement Tips 3 - Entry Level

in #forex6 years ago

Hello Trader,

Have you understand the fibonacci trading strategy?

If not, i would like to share with you the entry level on fibonacci retracement
trading strategy.

In market trending structure, the market movement is moving up and down, in a
high and low condition. In a zig-zag pattern.

But if you see the market structure, there will be market retracement before market continue trending.

The idea to trade fibonacci retracement is to trade on the retracement area.

First thing to do is to know the trend, know the direction.

Then,you can find the entry on the retracement area.

There are 3 entry level that you have to look on the retracement area.

– 50.0 Enrty 1
– 38.2 Entry 2
– 23.6 Entry 3

Those entry level you can you use to make the entry setup.

If you still don't have idea on how to find the fibonacci entry level.Try to
have a look on this fibonacci indicator.

It tells you the entry level that you can execute buy or sell. Besides there
are 3 types of alert that will notify you when there is entry setup.

http://bit.ly/FiboMachineStrategy

I wish you good luck in your trading.

Happy Trading.

READ FULL FIBONACCI RETRACEMENT STRATEGY IN BELOW ARTICLE

http://www.pipsumo.com/2017/09/fibonacci-retracement-level.html

Slide3.PNG

Sort:  

Congratulations @pipsumo! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @pipsumo! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @pipsumo! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

SteemitBoard supports the SteemFest⁴ Travel Reimbursement Fund.
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.29
TRX 0.12
JST 0.032
BTC 59849.00
ETH 2961.62
USDT 1.00
SBD 3.82