How to Use Fibonacci Retracement: Step-by-Step Trading Guide

Join Our Discord here : discord.com/invite/3U5hZKQUUq My TradingView : https://www.tradingview.com/u/TradeMa... 📺 YouTube Title Options The "Pro Secret": Stop Buying the Top! Use Fibonacci to Find Perfect Entries The "How To": How to Use Fibonacci Retracement: Step-by-Step Trading Guide The "Strategy": My "Golden Pocket" Strategy for Trading Gold (Fibonacci Tutorial) 📝 Video Description Stop chasing the market and start buying the discount. In this installment of my educational series, we are breaking down one of the most powerful tools in a trader's arsenal: the Fibonacci Retracement. Whether you are trading Gold, Forex, or Crypto, understanding how to measure a pullback is the difference between getting stopped out and catching a massive trend. In this video, I walk you through my exact setup on TradingView, specifically focusing on the Gold chart. What we cover: Identifying the Trend: How to pick a clear "Swing High" and "Swing Low" before you even touch the tool. The "Noise" vs. The "Signal": Why I remove the 23.6% and 78.6% levels to keep my charts clean and focus only on high-probability zones. The Golden Range: Why a 38.2% to 61.8% retracement is the "sweet spot" for healthy market continuations. Entry Confluence: Why you should never use Fibonacci alone and how to combine it with price action and candle patterns. The market moves in waves. If you missed the initial move, don't panic. Use the Fibonacci tool to wait for the market to come to you at a 38%–61% discount. Note: Fibonacci is a trending market tool. Avoid using it in sideways or ranging markets to prevent false signals. #TradingEducation #FibonacciRetracement #GoldTrading #PriceAction #TechnicalAnalysis #TradingStrategy