Skip to content

Fibonacci levels

Reading the market: charts, tools and instruments3 min read
What you learn in 3 minutesA tool that divides a move into fixed proportions. What it actually marks is where a lot of traders have placed the same lines.
18.354418.407718.461118.514418.5678USD/ZAR · H1 · 18 candles · schematic
Fibonacci levels — schematic diagram, not a price quote
Nalediyour course guide

This lesson is being written

Nalediyour course guide
Next in Reading the market: charts, tools and instrumentsPrice action: trading without indicators
Trading forex and CFDs carries a high risk of losing money. Most retail accounts lose. Nothing here is a recommendation to trade or a forecast of any result.Nalediyour course guide