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How To Use Fibonacci - Part 1
, time: 26:44Beginner's Guide to Fibonacci Forex Trading Strategy
Elliott's descriptions constitute a set of empirically derived rules and guidelines for interpreting market action. Elliott claimed predictive value for The Wave Principle, which now bears the name, "The Elliott The Fibonacci Retracement Channel Trading Strategy is designed for any market, and any time frame. So yes, aside from forex, that includes you stock, options, and futures people too! The reason we made this one-of-a-kind strategy is because we wanted to show the world how powerful the Fibonacci retracement lines are and why the Sell Entry Requirements: Significant bearish price swing - Retracement within the “sweet spot” - A strong bearish candlestick pattern - Stochastic oscillator is overbought Once again, price went just past the Fibonacci retracement level before a goodFile Size: KB
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