• About Us
    • Company Profile
    • Regulatory Information
    • Why Choose Us
    • Promotions
  • Products
  • Platform
  • News
  • Service and Support
    • Common Business Issues
    • Risk Disclosure
    • Privacy Policy
    • Disclaimer of Warranty
  • Help Center
  • Contact Us
Menu
  • About Us
    • Company Profile
    • Regulatory Information
    • Why Choose Us
    • Promotions
  • Products
  • Platform
  • News
  • Service and Support
    • Common Business Issues
    • Risk Disclosure
    • Privacy Policy
    • Disclaimer of Warranty
  • Help Center
  • Contact Us
  • English
    • 简体中文
Login
  • English
    • 简体中文
Login
Open an Account
  • About Us
    • Company Profile
    • Regulatory Information
    • Why Choose Us
    • Promotions
  • Products
  • Platform
  • News
  • Service and Support
    • Common Business Issues
    • Risk Disclosure
    • Privacy Policy
    • Disclaimer of Warranty
  • Help Center
  • Contact Us
Menu
  • About Us
    • Company Profile
    • Regulatory Information
    • Why Choose Us
    • Promotions
  • Products
  • Platform
  • News
  • Service and Support
    • Common Business Issues
    • Risk Disclosure
    • Privacy Policy
    • Disclaimer of Warranty
  • Help Center
  • Contact Us
Login / Register
  • English
    • Chinese (Simplified)
  • About Us
    • Company Profile
    • Regulatory Information
    • Why Choose Us
    • Promotions
  • Products
  • Platform
  • News
  • Service and Support
    • Common Business Issues
    • Risk Disclosure
    • Privacy Policy
    • Disclaimer of Warranty
  • Help Center
  • Contact Us
Menu
  • About Us
    • Company Profile
    • Regulatory Information
    • Why Choose Us
    • Promotions
  • Products
  • Platform
  • News
  • Service and Support
    • Common Business Issues
    • Risk Disclosure
    • Privacy Policy
    • Disclaimer of Warranty
  • Help Center
  • Contact Us
Ticker Tape by TradingView

Construction of a Fibonacci Fan During a Fall in Price

December 5, 2021
  • Help Center
  • Drawing Tool
  • Fibonacci Fan
  • Construction of a Fibonacci Fan During a Fall in Price

During a fall in price (a bearish trend), a Fibonacci Fan is constructed from left to right – from the maximum price value to the minimum. The initial position is chosen according to the maximum value, and the upper bound is created such that the 0.5 level is located at the minimum price value.

Was this article helpful?
Like 1 Dislike 0

Next Step

Previous: Construction of a Fibonacci Fan During Price Growth
Next: How to Trade Using Fibonacci Fans
Share
0

The company is committed to meeting your global asset trading and investment needs

All transactions involve risks, and the loss may exceed your deposit.
Follow Us on

Getting started

Up to $100000 in virtual capital
Open a free demo account

Start real contract trading

Open a real account
Risk Warning : Trading CFDS on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Copyright © 2022 xxx. All Rights Reserved.
  • Privacy Policy
  • Risk disclosure
  • Disclaimer of Warranty