How to Use the Fibonacci Extension Tool


In this video, you will learn everything you will need to implement the Fibonacci extension tool in your trading. The Fibonacci extension tool is a powerful tool used for targeting and identifying reversal opportunities. 

You will learn which Fibonacci levels are used, where to position the tool on the charts, what levels are the most important, how to backtest the tool, and how to use the tool for both taking profits, and identifying reversal opportunities. 

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This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and is not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.