While the Fibonacci retracement tool is extremely useful, it shouldn’t be used all by its lonesome self.

It’s kinda like comparing it to NBA legend Kobe Bryant.

Kobe was one of the greatest basketball players of all time, but even he couldn’t win those titles by himself.

He needed some backup.

 

Similarly, the Fibonacci retracement tool should be used in combination with other tools.

In tomorrow’s lesson, let’s take what you’ve learned so far and try to combine them to help us spot some sweet trade setups.

Are y’all ready? Let’s get this pip show on the road!