Article Fibonacci Retracements & Mistakes To Avoid

[T2W Bot]

Richard Lee shows how to avoid mistakes that can happen when using Fibonacci Retracements.
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[Hi3rophante]

Thank you for all this information.
I have made a thread about Fibonacci intraday trading on the technical analysis forum, you could have a look and share your thoughts about it if you want.

 

[Hi3rophante]

Hello everyone,

Here are the Fibonacci retracements that I'm watching for today :

AUDUSD

Current intraday trend likely : DOWN

N1: 0.7905
N2: 0.7887
N3: 0.7857

See arrows on the chart :

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USDJPY

Current intraday trend likely : UP

N1: 105.09
N2: 105.19
N3: 105.36

See arrows on the chart :

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USDCAD

Current intraday trend likely : UP

N1: 1.2617
N2: 1.2636
N3: 1.2667

See arrows on the chart :

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USDCHF

Current intraday trend likely : UP

N1: 0.8961
N2: 0.8969
N3: 0.8981

See arrows on the chart :