[Read me]
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In this video, I cover Fibonacci retracement and extension levels.
– How to set up the Fibonacci retracement tool
– How to identify swing high/swing lows & anchors for Fibonacci levels
– Using Fibonacci levels to identify areas of support and resistance
– Advanced Concepts
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00:00 – 04:50 – Disclaimer and General Remarks
04:51 – 07:52 – Setting Up the Fibonacci Retracement Tool
07:53 – 15:34 – Swing Highs/Lows & Choosing Fibonacci Anchors
15:35 – 24:11 – Using Fibonacci Levels for Support/Entries
24:15 – 31:57 – Using Fibonacci Levels for Resistance/Exits
32:02 – 39:03 – Using Fibonacci Levels for ATH Resistance/Exits
39:07 – 55:00 – Advanced Concepts
55:01 – 57:48 – How I Use Fibonacci Levels
57:49 – End – Conclusion
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Link to slides: https://docs.google.com/presentation/d/1G79ZLJLlzVYSUUL16vuiAfnw8bWzxwozTiPTvH0Sex4/edit?usp=sharing
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ICT YouTube channel: https://www.youtube.com/user/InnerCircleTrader
ICT New Science of Fib Use: https://www.youtube.com/watch?v=JdHABKIEU1I
ICT OTE Primer: https://www.youtube.com/watch?v=Cg0-CFJOJvg
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Free TA lessons & articles: https://docs.google.com/document/d/15c3rN15rkXldY8Te3GDG4NG7noaaoikydOoZQlElwXw/edit?usp=sharing
Twitter: https://twitter.com/CryptoCred
Telegram: https://t.me/cryptocredTA
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BTC: 3CZcvMarMjHfasHouq3NJfDpwZKjCWXFQY
My mum told me never to fib 🙂
you could easily sell these videos as a paid course but you gave all for free, massive respect
Thank you for the fantastic content. I do however have a question; you keep saying that you will never Fib from right to left. Why is that? As far as I can tell the support/resistance levels still check out. In your experience what is the disadvantage of doing it that way around?
Hey Cred…. just compare please the current BTC Chart with the Explanation Chart from ICT New Science of Fib Use at 49:28 … OMG this is the same structure. This proofs his Theorie !!Thanks for all your content
This was very useful, thank you! 🙂
Very clear and informative. Looking forward to watching / learning from your other videos in the series.
I think the fact you can find Fibonacci Levels in trading charts is mind blowing
Hi Crypto Cred,
you use normal Fibo tools with Log charts, it seems wrong to me.
If you use, instead, the Fib Channel, this tool adapts itself to the Log charts. You can use the channel tool also ohorizontal, as retracement.
I strongly suggest it to you. Look here:
https://www.tradingview.com/chart/BLX/xVsY02X1-Draw-fib-levels-on-Log-chart/
absolute sensational lectures
Thanks Cred. I really appreciate your time
for no background best to switch it off rather make it transparent. On mobile app it tends to select transparent background if you don't switch it off.
whats your neo adress .. or vet
Most guys who had free youtube material pulled it off when then start a paid group or get a big following. Thanks for making these 🙂
Thank you crypto cred, you explain very well even for a lehman to understand. Cheers
Bonus like for correcting from plural criteria to single criterion. CryptoCred pays attention to details folks!
Hello crypto cred what is wrong with your fib at 38:30 the 0.236 seems to be some where at the 50% level.
Do you always use fibs with log ?
11:01 it's only a lower high on the left side in retrospect once we have a new Higher High printed yes?
Cause it may have been a higher high on the left previous to the middle candle?
Cheers
Excellent clear concise video. Best fib one I have found, quality content mate.
Back fib'ers are the worst.
Thank you! Just found your work. Clear presentation, no hype. Well done!
Cred thank you for this fantastic material!
Thanks mate, fantastic content!
Thank you so much for putting out free a content like this .
Does my TradingView look different from yours because you have 'pro' and I do not? I dont seem to have the same options as you.