Where Should I Place a Stop-Loss Indices Order using Fibonacci Retracement Indicator?
How to Set a Stop Loss Indices Order using Fibonacci Retracement Indicator
Fib Retracement Zones Indicator
Fib retracement levels provide areas of support & resistance, these can then be used to set stoploss levels.
Fibo Retracement level 61.80 % is the most often used level for setting stoplosses. A stoploss order should be set just below 61.80% Fib retracement level
The 61.80% retracement level is used to set these orders because its rarely hit.
Fib Indicator Stop Loss Indices Order Setting at 61.80% Retracement Level
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