How trend line and fibonacci work

[pro2]

Fibonessi is a support and resistance based indicator.It is a very good indicator and i prefer it most.If you can draw your fibonessi well then you can get definitely very good signal.But problem is that you can not be sure from where you can start it.You can minimize this difficulty by practicing hard.

[zirconium]

This is AUD/USD 4hour chart
U can see daily trend line and 38.2 fibo value

After hit the 38.2 fibo line and trendline we can see nearly 50 pips of upside movement

[gendengFX]

Fibonacci is a discipline that studies the Fibonacci sequence of numbers in the hope it can be used to determine the support and resistance rather than price movements in the chart.
The essence of the use of Fibonacci in forex is actually more to the determination of the point of support and resistance of the price movement. Its use is quite simple living links between "swing high" and "swing low" price movement.
a. Swing high is located the candlestic between candlestik higher on the right and left.
b. while the swing low is the opposite of the swing high.

[pelotrader]

The first thing you should know about the Fibonacci tool is that it works best when the market is in a trend.
The idea is to buy long (or buy) on a retracement to a Fibonacci support level when the market is trending up, and to sell short (or sell) on a retracement at a Fibonacci resistance level when the market trend
dropped.
In order to find retracement level, you should find a fairly significant level of high Swings and Swing Lows. Then, for a downtrend, click on the Swing High and Swing drag the cursor to the most recent low.
For uptrends, do the opposite. Click on the Swing Low and drag the cursor to the latest high Swing

[ashvi]

Trend lines and fibonacci tool is very important for a trader when they are trading in the forex market. I make use of both of these tools to take an entry into the forex market. Thus, these are the best tools which can be used by the trader. Its good for intra day traders and for long term trades as well.

[zirconium]

How to draw Fibonacci

*For Bearish Main Trend select tool, click on top (High) and drag to bottom (low) and release click.

*For Bullish Main Trend select tool, click on bottom (Low) and drag to top (high) and release click

[Ahmed Farag]

Fibonacci levels are strong levels that the price respect them it is a good idea to trade the trend and the levels of Fibonacci . the golden ration of Fibbonaci is the most strong level that the price respect it

[zirconium]

Another usage of fibo values.Next target should be D or 161.8 fibo value,Then we can see upward movement
This is GBP/AUD 4h chart
This is ABCD pattern.Lets wait and watch

[sonali]

good i really comprehend more about the best way to business with the pattern and Fibonacci because as for me i do create use of the Fibonacci as a way of assistance and level of resistance thats the very best way i can business and generate more

[prityzinta]

Okay, I'm actually more of a trade and development as well as for me, I use Fibonacci, support, that the best way is when the Fibonacci and resistance, they are the best marketing deserves more