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Trading Fibonacci Retracements

Trading Fibonacci Retracements

Wednesday, June 17, 2020

Expert: Barry Norman
Hosted by: Alvexo
  • Forex
  • Cryptocurrency
  • CFD
  • Technical Analysis
  • Beginners
  • Intermediate
Assets tend to retrace, rather than move in a straight direction, and traders use the Fibonacci tool to predict a retracement versus a reversal.

Technical Analysts use these Fibonacci Indicators known as Fib-lines to predict Price Targets and Support/Resistance Targets. While nothing can predict the future with 100% accuracy, adding these to your technical analysis tools dramatically enhances your ability to be in profitable trades.
Extremely accurate when analyzing chart pattern reversals. The Fibonacci indicators also provide an excellent visual map. Combined with other indicators, the savvy trader can find optimum entry and exit points.

Barry Norman
The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was award the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.
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