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Fibonacci golden Zone Indicator
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This is one of the greatest, but most effective and magnificent tactics that can only be discovered and mastered by a skilled trader. It is an untold professional FX trading approach understood by few. Now, let’s go over some fundamentals of Fibonacci trading.
Fibonacci Trading Fundamentals
To begin, make a Fibonacci chart of the previous day’s lowest and highest market values. Then you may trade using the simple Fibonacci pre-rules.
Buy
When a market goes from the top of the Fibonacci sequence from 0 to 1, the trade is based on the following set of pre-rules, which almost always result in a winning trade.
0.236 – Buy
0.382 – Goal
Reversal 0.500 0.618 Buy 0.764 Target
Sell
When a market goes from the top of the Fibonacci sequence from 1 to 0, the trade is based on a set of pre-rules that win the majority of the time.
Reversal 0.764 – Sell 0.618 – Target 0.500 – Reversal 0.382 – Sell 0.236 – Target 0.500
Let me now reveal the 3-day Average Fibonacci Fx Trading Strategy. It is the greatest professional forex trading method that has yet to be revealed.
The three-day average, Fibonacci technique is achieved by drawing a Fibonacci for the previous three days’ low and high. You may now execute profitable trades based on the three-day average, Fibonacci projecting market direction, and remaining careful about market volatility and breakouts.
The true method is to employ a three-day average to gain a clear understanding of market movement and when to launch a transaction and when not to. This may be quite useful for expert traders who want to make the greatest transactions while limiting their losses.
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