Decode the signals of institutional investors! I learned how to use Fibonacci retracement in the Muscle Trader Yu-chel style

Many traders use Fibonacci retracement, but interpretations vary from person to person. In this video, we asked Yuchel, who uses Fibonacci retracement extensively, to teach us how to use it and key points to look for.

What you can learn from this video

In this video, you can learn the following topics.

・First, what is Fibonacci retracement?
・How to draw and read Fibonacci retracement
＞Confirm how far it retraces
＞A 61.8% retracement overlapping an important line is hot
＞If it exceeds 78.6%, is the trend over?
・Which timeframe is best to use?
・Blind spot can be in monthly and weekly turning points!
・Demonstration of Fibonacci retracement on EUR/USD monthly chart
・Fibonacci lines are the “signal for everyone”!
・People who trade on anticipation are looking at Fibonacci!?

●Video: 13 minutes 35 seconds

＜A quick look at the video＞

How to watch FX videos

The part that can be viewed by those who have purchased the article (at the bottom of this article) embeds the FX video. Click the play button to start the video.