Fibonacci

hi im new here i just want to know the price to pick when using fibonacci calculator is it the closing price etc thanks

Generally either the high or the low of a candle is used when calculating fibonacci points.

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uberbux

Most traders generally use the recent swing high/lows… And not the open/close values :slight_smile:

Pip devil is correct. To add, I think it would be better to use longer time frames to use the Fibonacci tool. You can clearly see the swing highs / lows on those charts.