Make a Fortune With My Scalping Strategy Using Fibonacci Retracement
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- Опубликовано: 21 сен 2024
- 5 minutes Scaling Trading Strategy Using Fibonacci Retracement!
You can easily use the Fibonacci retracements despite the need for a significant trading range.
To execute this strategy, follow these steps
1- choose a volatile currency pair
2- Spot the swing high and low, and draw the Fibonacci retracement levels.
3- Then, following the trend's direction, enter a short or long trade when the price reaches between 50 and 61.8% retracement levels.
4- Set your take profit near the 31.8% retracement level and your stop loss at a reasonable distance from the 61.8% retracement level.
Fibonacci trading strategy
Fibonacci sequence
How to Use Fibonacci
Retracement
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Bro, do you have any discord channels?
unfortunately not at this time! but if you need my help contact me anytime.