Fibonacci and targets | Foreign exchange EA download- MT4/MT5 resources
Hello,
Some very simple things will help beginners.
A common strategy that helps us achieve our goals, using pure Fibonacci for confluences.
In a 100% universe, not even statistically, but empirically.
Achieved 50% of target 161.8
30% 2,618
10% 423.6
5% 127.2
5% other
0% and 100% should be placed at the top and larger bottom of a consolidation or number.
Explanatory diagram below.
Some very simple things will help beginners.
A common strategy that helps us achieve our goals, using pure Fibonacci for confluences.
In a 100% universe, not even statistically, but empirically.
Achieved 50% of target 161.8
30% 2,618
10% 423.6
5% 127.2
5% other
0% and 100% should be placed at the top and larger bottom of a consolidation or number.
Explanatory diagram below.
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