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[url=https://mql5.com/456h1][img=https://www.mql5.com/en/market/widget/27934/mid?f=1][/url]


Using this Indicator can improve your trading. Let's discuss it.

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9 hours ago, divyanshisharma said:

Fibonacci retracement levels are helpful in confirming trend-trading entry points. ... where the pullback could reverse and head back in the trending direction.

divvy,

Without saying something about when fibs will likely resonate/hold, that statement has no more significance than saying something like “moving averages  are helpful in confirming trend-trading entry points. ... where the pullback could reverse and head back in the trending direction.

(hint:  swing ‘slope’ is good place to start... slopes of last 3 swings to hone)

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