Fibonacci and targets forex

Fibonacci and targets forex 1

One thing quite simple that may assist very newbie.
A standard technique of serving to our targets, utilizing pure fibonacci to make confluence.
In a universe of 100% with out having even made the statistics, however by expertise.
50% on course 161.8
30% 2,618
10% 423.6
5% 127.2
5% Others

Fibonacci and targets forex 2

Here’s a image of what to do.
Add 2 areas then %$ after the worth description in the fitting aspect half as u see right here .
Hope this helps .
Cheers,
georgeHooked up Picture

Fibonacci and targets forex 3

I separated a part of the weekly chart on the time of H4, left.
Discover that after passing the extent of 261.8, it solely went up
till the following fibo stage of 0.236.

Fibonacci and targets forex 4

Fibonacci and targets forex 5