Fibonacci Retracement Levels – Take trade using them

Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur on the charts. It can be used to place entry orders, determine stop-loss levels, or set price targets.

(4 reviews)
0 Hours 40 Mins
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Jobaaj Learnings

Course description

Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur on the charts.

It can be used to place entry orders, determine stop-loss levels, or set price targets.

For example, a trader may see a stock moving higher. After a move up, it retraces to the 61.8% level. Then, it starts to go up again. Since the bounce occurred at a Fibonacci level during an uptrend, the trader decides to buy. The trader might set a stop loss at the 61.8% level, as a return below that level could indicate that the rally has failed.

Enroll in this course to learn how to plot Fibonacci levels & take trade using them.

Prerequisite
  • No prerequisites

Lesson List

1

Fibonacci Retracements Levels – Take trade using them

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00:40:00
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Liked it, reinforced the fib while adding extra confirmation tools to lend more strength to decision   Read More

Arvind Gupta

Very useful information, clearly explained. However, I did not understand everything, coz its new ar   Read More

Yogendra Pal

Learnt much in terms of use of the highs and lows of any given trend and how these can be used in co   Read More

Hrithik Bansal

Really well produced trading and easy to follow. Recommend watching through a few times and making n   Read More

Vikas Goyal

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