The Ultimate FIBONACCI MODIFICATION Forex Strategy | First Time On Youtube

This is the first time you will fine this strategy modification explained on youtube. This simple strategy is very beginner friendly and you don't need any experience to be able to start making profits with this strategy. Watch the video till the end, leave a like on the video and let know if you have any questions on the comment section of the video.

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In finance, Fibonacci retracement is a method of technical analysis for determining support and resistance levels. It is named after the Fibonacci sequence of numbers,[1] whose ratios provide price levels to which markets tend to retrace a portion of a move, before a trend continues in the original direction.

A Fibonacci retracement forecast is created by taking two extreme points on a chart and dividing the vertical distance by Fibonacci ratios. 0% is considered to be the start of the retracement, while 100% is a complete reversal to the original price before the move. Horizontal lines are drawn in the chart for these price levels to provide support and resistance levels. Common levels are 23.6%, 38.2%, 50%, and 61.8%. The significance of such levels, however, could not be confirmed by examining the data.Arthur Merrill in Filtered Waves determined there is no reliably standard retracement
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This video is for educational purposes only. Please do your own research before making any decisions with your money. I will not be held liable for any losses or gains you may experience. I am not your financial or investment advisor. This is completely educational content and should be taken as such - the views expressed in the content are opinions. Nothing on this channel should be taken as a recommendation to buy a particular crypto asset. The information shared on this channel is not indicative of future results. Analyses are not absolute and are prone to change in accordance with present and future market events. Please do all of your own research before you buy any stock or financial product.

The Ultimate FIBONACCI MODIFICATION Forex Strategy | First Time On Youtube