Fibonacci breakdown
Fibonacci levels are profitable when predicting the prices of any asset. They are universal, and it’s quite easy to use and adjust the levels. Now let’s show you how. Configure the template We choose the currency pair EUR/USD and a timeframe from 15s to 1m. In the lower left-hand corner, click on “Indicators” and select MA (moving average). We assign the following settings to it: Period – 120 Type – Simple Color – red Determine the trend: if the price breaks through the MA from the bottom upwards it is…
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