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Hakim123

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Posts posted by Hakim123

  1. Re: I NEED HELP WITH FIBONACCI

     

    i am finally getting to know how to use fib tool.

    what i have discovered is that fib tool works very well with candle stick formation near resistance and support levels. morning star and evening star candle stick pattern are very popular.

     

     

    you are damn right...when ever cs reversal happen at Support or Resistance..it is an early signal...furthermore it is happen at 38.2..61.8..78.6...

  2. Re: I NEED HELP WITH FIBONACCI

     

    hi...fibonacci is a great tool..

    it is leading indicator...once you used to it ..u can have nice prediction on market target...the way i used it.. is little bit difference..i used fibo on the reversal CS to measure the strength of the reversal CS. Tp at Max fibo 423.

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