Tuesday, January 19, 2016

Fibonacci Patterns as at January 19, 2016

This video shows some current Fibonacci Patterns in place as January 19, 2016.

These patterns are definitely not foolproof, however they do give an indication as to what may be occurring in the near future.

Any entry would have to be confirmed by price action or by other indicators.

Here is another video showing patterns on daily charts.

There looks to be some excellent opportunities for good trades about to appear.

Again..... trade entries have to be confirmed by price action.

Be sure to use a reasonable stop loss and perhaps a trailing stop on all entries in such a volatile market.

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