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Fibonacci

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  1. Fibonacci Retracement
  2. Fibonacci Extension
  3. Fibonacci Negative
  4. Fibonacci Expansion
  5. Fibonacci Pull Examples
  6. Fibonacci Time
  7. Fibonacci Speedfan
  8. Fibonacci Channels

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Fibonacci Fibonacci Channels
Lesson 8 of 8
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Fibonacci Channels

Jan

Fibonacci channels

·  Fibonacci channels are combination of Fibonacci levels and channels. 2 very powerful tools added combined together.

·  For spotting Fibonacci channel you need to have 3 pivots on the chart.

·  It is very important to see some reaction from the levels – this is showing you the prove that your pull is correct and levels are being respected.

·  As always, use this tool with another level of confluence.

·  I am personally using this tool on Macro TF, but I can imagine even DAY TRADING on 1H TF.