The Fibonacci sequence is a series of numbers where each number is the sum of the two preceding ones (e.g., 0, 1, 1, 2, 3, 5, 8, etc.). This sequence is found in many areas of the world like the human body, stars, flowers, etc. In trading, Fibonacci ratios derived from this sequence are used to identify potential levels of support, resistance, and price targets on charts. Used by pro traders all over the world, Fibonacci concepts are useful in enhancing many trading strategies.
TECHNICAL ANALYSIS
Fibonacci Trading Strategy
What You Will Learn
Discover the power of Fibonacci numbers in trading
Learn how to plot & interpret Fibonacci retracement lines
Use Fibonacci concepts in channels, moving averages, and more.
Set targets, stop loss, entry & exit points using Fibonacci tools
Your Course Overview
3 sections • 8 topics • 2 hrs 21 mins content
Earn a Certificate
Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.
About The Course
Welcome to the Fibonacci Trading Strategy course on Upsurge.club. In this course, NSE & BSE registered instructor Jyoti Budhia, a full-time trader with market experience of 37+ years, will teach you all about the Fibonacci sequence and how you can use it to improve your trading. The course will not only deconstruct the Fibonacci sequence and teach you how to interpret it for trading, but will also teach you several useful strategies combining the Fibonacci sequence with other indicators, and assist you in determining entry points, setting stop losses, and defining targets. Whether you want to improve your trading accuracy with Fibonacci or are a trader looking to add a new trading strategy to your toolkit, this course is for you. Join us and learn to apply the Fibonacci sequence to enhance your trading strategies today.
Lesson 1, Introduction to the Fibonacci Sequence, is the first step to understanding the Fibonacci numbers and their uses in trading. Forming the foundation of this course, this lesson will introduce you to the world of Fibonacci numbers - how it was discovered, its construction, and its application in technical analysis and trading. You will learn how the Fibonacci sequence is constructed, its calculation, and its importance. Then, the course moves on to explain the Fibonacci retracement levels and how they can be used to determine important support and resistance levels in trading. You will also learn about Fibonacci extensions, which are a very helpful tool for setting targets for your trades.
In Lesson 2, Improving Accuracy with Fibonacci, we go one step further in applying the Fibonacci concepts in trading. You will learn the techniques to estimate corrections and pullbacks on charts using the Fibonacci retracement lines. You will also learn to combine the Fibonacci lines with different indicators like the RSI to formulate profitable trading strategies. This lesson will also teach you to determine entry points, set targets, and place stop losses with practical examples. Multi timeframe analysis and different types of candlestick patterns also form a part of this lesson. The instructor also highlights the uses of Fibonacci in different time frames and gives a few quick tips to improve trading accuracy.
Lesson 3, Additional Fibonacci Tools delves into a range of additional Fibonacci tools that can significantly improve your trading. Some of these can be used as trading strategies themselves. The first two topics of this lesson will make you familiar with Fibonacci Timezones and Fibonacci Channels, which are tools that will help you in analyzing support and resistance levels, and in identifying potential areas of price reversals. The final topic of this lesson will teach you a trading strategy that combines moving averages and the Fibonacci sequence. Finally, the instructor pulls from her extensive market experience of 37+ years to illustrate practical examples, warning of exceptions, and guides on how to set stop losses, targets, and manage capital as a trader.
Note that you would get most of the Fibonacci tools used in the course on the freely available version of TradingView. However, the instructor has used the TradingView Pro version in this course, and certain functionalities displayed on the screen may differ from the free version.
Course highlights:
- Discover the power of Fibonacci numbers in trading
- Learn how to plot & interpret Fibonacci retracement lines
- Use Fibonacci concepts in channels, moving averages, etc.
- Set targets, stop loss, entry & exit points using Fibonacci tools
Who is this course for:
- Intermediate-level traders who want to learn trading with the Fibonacci sequence
- Traders who want to enhance their trading skills by integrating Fibonacci concepts into their trading strategies
- Traders looking to add a Fibonacci trading strategy to their existing toolkit of trading strategies
- Anyone who wants to apply Fibonacci sequence and retracement lines to their trading
39+ Years of Experience
Registered NSE, BSE Trainer
Full-Time Trader
Jyoti Budhia has over 39 years of extensive trading experience and holds registrations as a trainer with prestigious organizations like the National Stock Exchange, Bombay Stock Exchange, and NISM. She is also a SEBI registered research analyst (Registration No. INH000002095). Her expertise has been shared with a remarkable 7000+ students in the field of trading, where she is particularly renowned for her exceptional skills in Options Trading and Technical Analysis.
Frequently Asked Questions
₹---
OR
Get this course, plus access to other 75+ courses with Upsurge.club PRO plan