Fibonacci Retracement Expertly Explained. Don’t Miss Out On Using This Highly Effective Trading Tool.
For those new to or don’t quite fully understand the power of using the Fibonacci retracement tool this is a must watch this video. In this excellent instructional video Jason Stapleton outlines the basic principles of using the Fibonacci retracement tool and how you can utilize it conjunction with the price patterns and structure of the market.
I utilize Fibonacci retracement levels regularly during my trading sessions on the lower timeframes. This type of tool is universal and speaks to the psychological nature of the market and the typical wave formations that occur on all timeframes.
Do you use Fib levels in your trading? How do you use them? Let us know your thoughts or questions in the comments section at the bottom of this page.