23# Fibonacci Support and Resistance Trading System
Fibonacci Forex Strategy
Submit by Joy22 ( Written earnmoneyplus.net)
Fibonacci Forex Strategy Rules
Time Frame 1H
EMA25 show trend
BLUE Line / ARROW are RESISTANCE and RED ARROW are Break Resistance Point ( Price Above Resistance )
In the pictures Fibonacci Support and Resistance forex system in action.
EMA25 GO UPWARDS, PRICE CLOSE ( Candle Close ) above resistance
Take Profit: Fibonacci Retracements ( 161,8% ) Line and more
opposite of BUY
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Fibonacci Forex Strategies