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
Fibonacci Retracement Zones Technical Indicator
Fibonacci retracement levels provide areas of support and 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% Fibonacci retracement level
The 61.80% retracement level is used to set these orders since its rarely hit.
Fibonacci Indicator Stop Loss Indices Order Setting at 61.80% Retracement Level
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