-- Educational - #Fibonacci trading? --
1. What are Fibonacci numbers? (4 parts)
2. How are they used in Trading? (4 parts)
4. Using Fib Extensions (2 parts)
5. Using Fib Retracements (2 parts)
5. Using Time Cycles (2 parts)
#BTC
https://abs.twimg.com/hashflags... draggable="false" alt=""> #cryptocurrency #Crypto #TRADINGTIPS
1. What are Fibonacci numbers? (4 parts)
2. How are they used in Trading? (4 parts)
4. Using Fib Extensions (2 parts)
5. Using Fib Retracements (2 parts)
5. Using Time Cycles (2 parts)
#BTC
-- What are #Fibonacci numbers? Pt.1 --
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> Fibonacci numbers are a numerical series depicting natureโs expansion
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> The same number sequence appears all over throughout nature. i.e.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ธ" title="Kleine orangene Raute" aria-label="Emoji: Kleine orangene Raute"> The number of petals on a flower
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ธ" title="Kleine orangene Raute" aria-label="Emoji: Kleine orangene Raute"> A snail shell
#BTC
https://abs.twimg.com/hashflags... draggable="false" alt=""> #cryptocurrency #Crypto #TRADINGTIPS
#BTC
-- What are #Fibonacci numbers? Pt.2 --
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> The sequence is made by simply starting at 1 and adding the previous number to arrive at the new number:
0+1=1, 1+1=2, 2+1=3, 3+2=5, 5+3=8, 8+5=13, 13+8=21, 21+13=34,โฆ
#BTC
https://abs.twimg.com/hashflags... draggable="false" alt=""> #cryptocurrency #Crypto #TRADINGTIPS
0+1=1, 1+1=2, 2+1=3, 3+2=5, 5+3=8, 8+5=13, 13+8=21, 21+13=34,โฆ
#BTC
-- What are #Fibonacci numbers? Pt.3 --
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> Other important properties are the ratios when comparing any number to the number that is found & #39;X& #39; places to the right:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ธ" title="Kleine orangene Raute" aria-label="Emoji: Kleine orangene Raute"> 0.618- A.k.a the "Golden Ratio" - where X = 1
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ธ" title="Kleine orangene Raute" aria-label="Emoji: Kleine orangene Raute"> 0.382 - where X = 2
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ธ" title="Kleine orangene Raute" aria-label="Emoji: Kleine orangene Raute"> 0.236 - where X = 3
#TRADINGTIPS
#TRADINGTIPS
-- What are #Fibonacci numbers? Pt.4 --
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> It is these Ratios that have a correlation to market movements in terms of price and time cycle
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> We use them to provide targets for:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ธ" title="Kleine orangene Raute" aria-label="Emoji: Kleine orangene Raute"> Price Extensions
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ธ" title="Kleine orangene Raute" aria-label="Emoji: Kleine orangene Raute"> Price Retracements
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ธ" title="Kleine orangene Raute" aria-label="Emoji: Kleine orangene Raute"> Time Cycles
#Crypto #TRADINGTIPS #BTC
https://abs.twimg.com/hashflags... draggable="false" alt="">
#Crypto #TRADINGTIPS #BTC
-- How Fibs are used in Trading? Pt.1 --
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> Firstly we need to talk very basic Wave Theory / Elliot Wave
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> While stock market prices may appear random and unpredictable, they actually follow predictable, natural laws and can be measured and forecast using Fibonacci numbers
-- How Fibs are used in Trading? Pt.2 --
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> Without going to deep, the basic principle is; waves move in Impulses & Corrections
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ธ" title="Kleine orangene Raute" aria-label="Emoji: Kleine orangene Raute"> Impulse waves (BLACK) are made up of 5 sub waves
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ธ" title="Kleine orangene Raute" aria-label="Emoji: Kleine orangene Raute"> Corrections (RED) are made up of 3 sub waves
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> Impulses & Corrections go in both directions
-- How Fibs are used in Trading? Pt.3 --
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> Waves are fractal in nature i.e. drill deeper & find the same patterns in a lower degree / time frame
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> Trend direction will determine if the impulse& #39;s are up or down
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> Elliot Wave has a lot more to it which i will cover another time
-- How Fibs are used in Trading? Pt.4 --
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> Fib Extensions, Retracements & Time Cycles help predict key price levels
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> Extensions, provide price targets
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> Retracements, provide areas of support and reversal
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> Time Cycles, give some indication of WHEN the wave will complete
-- Using Fib Extensions Pt.1 --
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> Common Fibonacci extension levels are 61.8%, 100%, 161.8%, 200%, and 261.8%
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> @TradingView has a Trend-base Fib Extension tool that helps plot levels on a chart
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> See below for where to find the extension tool
#BTC
https://abs.twimg.com/hashflags... draggable="false" alt=""> #TRADINGTIPS #Fibonacci
#BTC
-- Using Fib Extensions Pt.2 --
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> I use Fib extensions to help predict where the next wave will finish
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> For impulse& #39;s and correction see the below for details and rules
#BTC
https://abs.twimg.com/hashflags... draggable="false" alt=""> #TRADINGTIPS #Fibonacci #Crypto
#BTC
-- Using Fib Retracements Pt.1 --
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> Common Fibonacci retracements levels are 23.6%, 38.2%, 50%, 61.8%, 78.6% and 88.7%
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> @TradingView has a Fib Retracement tool that helps plot levels on a chart
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> See below for where to find the Retracement tool
#BTC
https://abs.twimg.com/hashflags... draggable="false" alt=""> #TRADINGTIPS #Fibonacci
#BTC
-- Using Fib Retracements Pt.2 --
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> I use Fib retracements to help predict where the next wave opposite to the trend will finish
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> For impulse& #39;s and correction see the below for details and rules
#BTC
https://abs.twimg.com/hashflags... draggable="false" alt=""> #TRADINGTIPS #Fibonacci #Crypto
#BTC
-- Using Time Cycles Pt.1 --
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> A little less know or used form of the Fib Ratios, is to use it to help determine time cycles
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> @TradingView has a couple of Fib Time tool that helps plot levels on a chart
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> See below for where to find these tools
#BTC
https://abs.twimg.com/hashflags... draggable="false" alt=""> #TRADINGTIPS #Fibonacci
#BTC
-- Using Time Cycles Pt.2 --
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> I use Fib Time tools to help me determine when i need to start paying more attention to a particular market
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute"> For impulse& #39;s and correction see the below for details and rules
#BTC
https://abs.twimg.com/hashflags... draggable="false" alt=""> #TRADINGTIPS #Fibonacci #Crypto
#BTC
-- Educational - Fibonacci trading? --
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute">I hope that was useful?
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Kleine blaue Raute" aria-label="Emoji: Kleine blaue Raute">Pls let me know, so i can do more or less of these
https://abs.twimg.com/emoji/v2/... draggable="false" alt="โฅ๏ธ" title="Herz" aria-label="Emoji: Herz"> Please like and retweet if you enjoyed it so others may also benefit
https://abs.twimg.com/emoji/v2/... draggable="false" alt="โฅ๏ธ" title="Herz" aria-label="Emoji: Herz">
Keep Safu!
-THE END-
#BTC
https://abs.twimg.com/hashflags... draggable="false" alt=""> #TRADINGTIPS #Fibonacci #Crypto
Keep Safu!
-THE END-
#BTC