Fibonacci Levels

Do you struggle identifying trends? Have you ever felt like your analysis lack of precision? Applying Fibonacci Levels on your chart may solve your problems. You just have to type the lowest and highest price that a trend has reached in an specific amount of time and the Fibonacci Retracement lines will apear atumatically. This lines represent posible support and resistance lines, double or even triple bottom and top lines.

When you apply this indicator to two or even three trends, and you notice that certain line cross or are located really close, those may be posible points that may confirm certain trends while this tecnic is applied along other predictions.

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