Fibonacci Retracements: Do They Work? – T3 Live
T3 Live

Fibonacci Retracements: Do They Work?

Many traders use Fibonacci-based retracement levels in their trading.

But does it make sense to do so?

Maybe not…

In this video, Sami explains:

  • Why he doesn't use a precise 50% retracement level
  • Why a 40-60% retracement level range makes more sense
  • How these levels can set up various patterns, including double tops
  • How Sami uses retracements to set up buys and sells
  • Why he doesn't like Fibonacci levels

So if you're tempted to use traditional Fibonacci replacement levels — watch this video first.

Sami's got a unique take you need to hear.