This video is designed to help teach you why I use the Fibonacci Defense levels as components of price action and how I use Fibonacci retracement/extension levels (related to previous market trends).
Remember, the three components of price action are TIME, PRICE, & ENERGY.
If you don't understand how price is structured before attempting to use Fibonacci concepts, it's almost like trying to throw darts blindfolded.
You must break down the previous trends in order to try to understand what is happening with current price trends (expansion/contraction/phases).
Watch this video and I hope it helps all of you understand what the markets are doing and how to use Fibonacci Retracement/Extension levels more efficiently.
All types of technical analysis are validation tools - not guarantees. The only thing we get out of technical analysis is a way to validate or invalidate our expectations. A or B. Nothing else.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
Remember, the three components of price action are TIME, PRICE, & ENERGY.
If you don't understand how price is structured before attempting to use Fibonacci concepts, it's almost like trying to throw darts blindfolded.
You must break down the previous trends in order to try to understand what is happening with current price trends (expansion/contraction/phases).
Watch this video and I hope it helps all of you understand what the markets are doing and how to use Fibonacci Retracement/Extension levels more efficiently.
All types of technical analysis are validation tools - not guarantees. The only thing we get out of technical analysis is a way to validate or invalidate our expectations. A or B. Nothing else.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
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関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。