Trader Brian Jones on Twitter: "Fibonacci levels for day trading? I believe they work better with longer term trading. With Day trading? Trades moves so fast Good to memorize the levels in your mind and add that tool to make quick decisions when needed. https://t.co/wy54aqY1bw" / Twitter

Fibonacci levels for day trading? I believe they work better with longer term trading. With Day trading? Trades moves so fast Good to memorize the levels in your mind and add that tool to make quick decisions when needed.

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What Are Fibonacci Retracement Levels, and What Do They Tell You?

Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur. They are based on Fibonacci numbers.

2:31 AM · Aug 16, 2022Twitter Web App

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I use them for entries on parabolic moves with volume.

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For rebounds entry and target exit plans, Fibonacci is working for me! But I always modify the plan by looking and volume profile, and this gives me my best exits!

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