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Ticker Tape by TradingView

How to Correctly Create Fibonacci Levels

December 5, 2021
  • Help Center
  • Drawing Tool
  • Fibonacci Levels
  • How to Correctly Create Fibonacci Levels

To use Fibonacci Levels correctly, you need to create them correctly. Fibonacci Levels are always created based on maximum or minimum price values. They can be used for any interval (time frame). The construction of Fibonacci Levels depends on the market situation, and they can be formed in the direction of a trend or in the presence of a market correction.

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