What Are Fibonacci Arcs & How To Trade With Them

Fibonacci Arcs Explained

Fibonacci Arcs, unlike all the Fibo tools, not only displays horizontal correction levels but also take into account the time factor, which, in some cases, makes this tool more flexible and accurate relative to others. The tool, like the majority of other Fibonacci tools, are already built into the MT4 platform. If this is your first encounter, you can download the Meta Trader 4 terminal for free from a forex broker. What is the Fibonacci Arcs? Fibonacci Arcs include strong levels – 38.2, 50.0, 61.8%, and show the general picture of price movement along arched lines (ellipses). Correct determination of …READ MORE