It is recommended to find at least small double top or a double bottom in a zone wh ere the current trend begins, and it is necessary to construct Fibo levels from the second key point. If the price after all punches such extremum, then under Fibonacci trading Forex strategy the previous trend must have ended and it is really necessary to close a position. Fibonacci lines, expansions, arches, a fan and temporary zones are commonly applied, but the first and the second indicators are the most widespread.
Fibonacci methods in Forex
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One-off studies that get a significant result are not evidence of anything. Only when an effect is repeated in many studies by many scientists should you believe.