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Forex Fibonacci and targets

Discussion in 'Forex Forum' started by Sorobanista, Sep 5, 2018.

  1. Sorobanista

    Sorobanista Guest

    Hello,
    Something very simple that will help very beginner.

    A common strategy of helping our targets, using pure fibonacci to make confluence.
    In a universe of 100% without having even made the statistics, but by experience.
    50% on target 161.8
    30% 2,618
    10% 423.6
    5% 127.2
    5% Others

    0% and 100% should be placed on the tops and larger bottoms of consolidations or figures.
    Illustrative Figures below.

    Attached Thumbnails
    Attached Images (click to enlarge)
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    Source.
     

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