A few weeks ago, we had hosted a webinar on "Trading using Fibonacci Extension". This was the second webinar of the two part webinar series on Trading using Trend lines and Fibonacci.
In the webinar, we had talked about several concepts relating to this invaluable, yet not so widely used price tools. Key concepts that we covered in the webinar included:
- What is Fibonacci Extension?
- Drawing a Fibonacci Extension in an uptrend
- Drawing a Fibonacci Extension in a downtrend
- Valuable guidelines and suggestions relating to Fibonacci Extension
If you wish to learn about Fibonacci Extension click on this link here to watch the recording of the webinar.