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How To Use Fibonacci Extensions Levels
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This is a tutorial explaining how to use Fibonacci Extension levels.
Fibonacci Extensions & Projections (Explained With Real Chart Examples)
Learn how to use Fibonacci Extension levels with tools like the Trend Based Fibonacci Extension, Fibonacci Extension, & Fibonacci Retracement in order to form projections of where price could go in the future.
• Understand the proportions behind various Fibonacci price analysis techniques that include Fibonacci Retracements, Fibonacci Extensions, & Fibonacci Projections
• Explore suitable conditions for the use of Fibonacci Extensions through a series of detailed examples of real charts before, during, and after the application of Fibonacci Extension variants that perform good and bad. Understand why certain variations perform the way they do.
• Explore suitable conditions for the use of Fibonacci Projections through a series of detailed examples of real charts before, during, and after the application of Fibonacci Projection variants that perform good and bad. Understand why certain variations perform the way they do.
• See how Fibonacci Retracements can be used similar to Fibonacci Projections & Extensions with expanded and negative retracement levels.
• Examples are full sized and fully colored charts in high resolution, they include examples from the stock market. As well as those of currencies and commodities.
• The content is recommended for those with an intermediate level of technical analysis and a basic understanding of Fibonacci Retracements.
• Extensions and projections address certain issues that Fibonacci Retracements have. Mainly the ability to analyze a chart as it approaches uncharted territory when moving to new record highs or new record lows.
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