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Fibonacci Retracement Level

fib profit

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Ahmed Larley Al-Mambasy
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84 views15 pages

Fibonacci Retracement Level

fib profit

Uploaded by

Ahmed Larley Al-Mambasy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Trade with

Fibonacci
Retracement
Forex Tips & Trading Strategy For You

Disclaimer

This Document is for educational purpose only.

By viewing this you agree that it is general educational material and you will not hold
anybody responsible for loss resulting from the content provided by pipsumo website.

Forex currency trading have large potential rewards but also large potential risk.
Don’t put your Money that you can’t afford to loose.
What is Fibonacci Retracement?
Fibonacci retracement level in forex technical
analysis is the possibilities of the price make a
retracement in market trending structure.
Retracement Area

Market Trending
Uptrend

Retracement Area
3 Fibonacci Retracement Level
• There are 3 entry entry level of fibonacci
retracement level.
• This entry level can be find using fibonacci
tools.
• The entry level are :
– 50.0 Enrty 1
– 38.2 Entry 2
– 23.6 Entry 3
Fibonacci Retracement Entry Level
161.8 Target Profit 2
100.0 Target Profit 1
50.0 Enrty 1
38.2 Entry 2
23.6 Entry 3
0.0 Stop loss
Step To Trade Fibonacci
1. Determine Market Trending
2. Drag Fibonacci Tools From Point A to Point B
3. Entry at 3 Fibonacci Retracement Levels.
4. Stop loss at 0.00
5. Target profits 100.0 and 161.8
Retracement Area
161.8

Market Trending
Uptrend
A
100.0

50.0

38.2
23.6
Retracement Area
B 0.0
• Click Here to see 12 more example
• You can use H1 and H4 time frame to make
this fibonacci analysis.
• Always refer to the trend of market trending
• If market trending uptrend, just looking for
buy opportunity.
• If market is trending downtrend, just looking
for sell opportunity.
Share Your Analysis
• Share your fibonacci retracement analysis into
facebook group below.
• Together we learn how to trade fibonacci
retracement level.
• Each trader share 1 fibonacci analysis.
• If 1 group consist of 100 trader, we have 100
forex analysis.
Join Facebook Group Analysis
Click Here To Join Group Forex Analysis
And share your fibonacci analysis here.
facebook.com/groups/751473471630459
visit

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