The Fibonacci Numbers
The Fibonacci Golden Ratios
Popular Fibonacci Trading Tools
There are two mostly used Fibonacci trading tools, even many professional traders only needs to use these and I myself never used other tools before writing this chapter. They are Fibonacci Retracement and Fibonacci Extension or Expansion. Other Fibonacci tools are optional.
Fibonacci Extension or Expansion
Other Fibonacci Trading Tools
I will be honest again that before writing this chapter, I never used the following tools. Fibonacci Retracement and Extension are enough, plus those are the only available Fibonacci tools in Metatrader. The following tools are found in trading view and less likely to be found on other platforms.
Fibonacci Time Zone
Fibonacci Speed Resistance Fan
Fibonacci Trend Based Time Zone
Fibonacci Speed Resistance Arc
Time To Correct Basic Swings
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