It’s time to test your knowledge of what you learned in Forex Trading Course 6 – Fibonacci Support and Resistance. Good luck and remember to share your results with us.
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Fibonacci ratios are used by some traders to determine…
Which of the following is NOT a Fibonacci ratio?
Before you can calculate Fibonacci levels on a chart, you must first locate…
What is the next number in this Fibonacci sequence: 5, 8, 13, 21?
Fibonacci levels are …
The golden ratio is the Fibonacci retracement ratio of…
Complete the Fibonacci sequence below
0,1,1,2,3,5,8,__,__,__,55,__144.
The Fibonacci retracement tool works better when ____
When the market is in an uptrend, you would draw Fibonacci retracements by__
The Fibonacci retracement tool works better when the market is___
Fibonacci retracement levels can be used to identify potential areas of…
The appearance of a candlestick pattern on the fib support and resistance level implies __
Fibonacci retracement and extension levels can increase your chances of ______when used to trade but are_____
The following are true about Fibonacci retracement levels.
You can use the Fibonacci tool to help you find potential entry points.
As much as possible, you should rely purely on Fib levels as support and resistance points as the basis for stop loss placement.