Ep 187 Fibonacci opportunity for Mon 5 01 2025 you won't see this on Smartcharts Unlisted Video

Ep 187 Fibonacci
Here I show you some very carefully preselected H1 charts showing Fibonacci is applied and how price retraced to a Fib level.
To get the best use of Fibonacci remember to use it as a time bound tool so only drawn across yesterday's 24 x H1 chart top to bottom or vice versa and look for the opportunity during the next day.
Or if drawn across last week's 30 x H4 candles and look for an opportunity this week only.
The secret behind the Fibonacci is not the numbers, it is simply 5 non linear levels. Chart movement is non linear.
Is this Chartisane? (The universal language of FX charts)?
Good luck on your journey.
This whole series of videos is designed to be like a giant training series like something you might get from Udemy with a major difference. I use a live chart and put a level on the chart that I expect the price to retrace too. Then one week later after the chart has been created, I do an autopsy on what happened during the week. It doesn’t matter how old the video is, you are training your eyes on what to look for on live charts.
All strategies work just not all the time. My system relies on market cyclicity on at least the H4 chart. Therefore, if there is nothing there, just sit and wait. The cyclicity will return.
This channel is here to show you the truth behind the chart movement. Forex charts are unpredictable and often surprise you, as you can see from my previous videos. Sometimes they follow your plan, sometimes they don’t. What I show you in the charts is not a strategy, but a way of analysing and understanding forex charts.
I would love to hear your feedback and questions on this episode. These videos are made on live forex charts so you can learn how to look at the right-hand side of the chart and wait for the price to reach your level. This channel is here to help you simplify your understanding of chart movement thereby allowing you to apply your strategy to find an entry. If you enjoy my content, please like, share, subscribe and tell your friends about this channel.