Hello Everybody,
What timeframe is good to draw Fibonacci retracement? I use daily timeframe, I find swing low/high of the previous day. Is it correct?
Thank you
Hello Everybody,
What timeframe is good to draw Fibonacci retracement? I use daily timeframe, I find swing low/high of the previous day. Is it correct?
Thank you
Fib is relevant to all TF’s but as with all tools the high the TF the more consistant the result usually
ok, but, is correct to draw fibonacci lines on the previous day (daily timeframe)?