Fibonacci and targets

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Good day,
One thing quite simple that may assist very newbie.

A standard technique of serving to our targets, utilizing pure fibonacci to make confluence.
In a universe of 100% with out having even made the statistics, however by expertise.
50% on course 161.8
30% 2,618
10% 423.6
5% 127.2
5% Others

0% and 100% needs to be positioned on the tops and bigger bottoms of consolidations or figures.
Illustrative Figures beneath.

Hooked up Photos (click on to enlarge)
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Size: 56 KB
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Size: 68 KB
Here's a image of what to do.
Add 2 areas then %$ after the worth description in the fitting aspect half as u see right here .
Hope this helps .
Cheers,
george
Hooked up Picture
Fibonacci and targets 1
I separated a part of the weekly chart on the time of H4, left.
Discover that after passing the extent of 261.8, it solely went up
till the following fibo stage of 0.236.
Hooked up Picture (click on to enlarge)
Click to Enlarge

Name: trecho.png
Size: 68 KB
File Type: pdf EN-GBPUSD-20180910-A.pdf   81 KB | 7 downloads

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