Fibonacci Extensions what is it?

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What are Fibonacci Extensions?

Fibonacci extensions are the tools that the trader used to predict or establish a profit target. It is also estimated the value of per quantities on how far a price may travel after a retracement or pullback is finished.

Extension levels are also possible in any area where the price is reversible.

The Fibonacci extension is drawn a chart and making a price level of possible importance.

It is basic information where it can be linked to BCH. That chart which you saw in predicting prices.

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Comments

Thanks for passing this info👍👍

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4 years ago

Welcome

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4 years ago

I'm not good at charts, but your explanation somehow helped me understand it.

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4 years ago