The Fibonacci retracement tool can be a very great guide for finding important levels if used right. In this video, I tell you how to use the Fibonacci retracement tool, a common mistake people make while using it, and how to find the right place to sell. Enjoy! If you learned something new, leave a like. ► TradingView (Chart Software I Use): https://www.tradingview.com/?offer_id=10&aff_id=28566 ► Get 2 FREE stocks valued up to $1850 (when you deposit $100): https://act.webull.com/on/A6BoDyk5xy2A/zbk/inviteUs/main ► Get up to $250 in Crypto Currency: https://blockfi.com/?ref=ca9f3260 🔴 Subscribe for more videos just like this: https://www.youtube.com/channel/UCCbv0qixG-cyokxEY3kELtg Follow TradingLab: =============================== 📸 - IG: https://www.instagram.com/tradinglabofficial/ ⏱️ Timestamps 00:00 - The Fibonacci Sequence 00:58 - Why You Should Be Using The Fibonacci Retracement Tool 02:16 - Best Fibonacci Settings 02:54 - How to Use The Fibonacci Retracement Tool 05:06 - Example One (Long Example) 07:45 - Example Two (Short Example) 11:04 - Fibonacci Retracement Tool Tip *None of this is meant to be construed as investment advice, it's for entertainment purposes only. The links above include affiliate commissions or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.