QES 0196

Let's do something different today as everyday you see post all about Fibonacci. Today I am going to do a comparison between Fibonnaci TA and Normal TA. To access the remaining post you can follow my Telegram Channel, it is all inside my Channel. Link is at the Bottom.

Normal TA VS Fibonacci TA

Combo of both Tas

As usual let’s combine both Tas together. By combining perspective side by side, we gain the ability to see Combo TA Critical Areas. By using both methods we can now see the Multiple Critical TA Combos such as:

1. Cup & Handle + Fibonacci Golden Ratiox1 + MA Golden Cross + MACD Golden Cross (quadra breakout power)
2. Fibonacci Golden ratio resistancex2 + normal ta major resistance + MACD Death Cross

Conclusion

Normal TA - Cleaner and able to see obvious support/resistance but unable to see hidden support/resistance. One good side is there are supporting indicator such as RSI.

Fibonacci TA - Harder to draw but able to see the Hidden Support/Resistance and major Fibonacci levels. Able to forecast the future, find out Hidden Resistance and Support levels that respect by the bankers.