I've been using Price action and SnD levels to scalp / day trade for the past 6years, and FIbs are one of my favourite tool to use on the Day and 4 hour time frame, to gauge the possible short term movement.
Fibs Values: Only the first 5 boxes, right and left
1st pair: 0 <> 0.236
2nd pair: 0.382 <> 0.618
3rd pair: 0.764 <> n/a
4th pair: 1 <> -0.25
5th pair: -0.618 <> 0.5
Feel free to copy my Fibs values. Match it to the fibs on the OKBUSDT chart to check for accuracy. Let me know in the comment if it works for you as well!
Happy trading!
Fibs Values: Only the first 5 boxes, right and left
1st pair: 0 <> 0.236
2nd pair: 0.382 <> 0.618
3rd pair: 0.764 <> n/a
4th pair: 1 <> -0.25
5th pair: -0.618 <> 0.5
Feel free to copy my Fibs values. Match it to the fibs on the OKBUSDT chart to check for accuracy. Let me know in the comment if it works for you as well!
Happy trading!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.