CHFJPY.
Using Fibonacci to find extensions/targets can be a useful tool in trading if used the right way. One tool that is often ignored is the 'Trend-based Fibonacci ', which is commonly used in measuring Elliott Waves, but its use is not limited to it.
In the Elliott Wave Theory, Wave C and Wave 3 are often measured using this tool. It is different from a regular Fibonacci extension tool as it also takes into account the strength of the trend.
The post is only for educational purposes and does not provide any direction on the price.
Using Fibonacci to find extensions/targets can be a useful tool in trading if used the right way. One tool that is often ignored is the 'Trend-based Fibonacci ', which is commonly used in measuring Elliott Waves, but its use is not limited to it.
In the Elliott Wave Theory, Wave C and Wave 3 are often measured using this tool. It is different from a regular Fibonacci extension tool as it also takes into account the strength of the trend.
The post is only for educational purposes and does not provide any direction on the price.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。