Lesson 7.2

Fibonacci + Structure = Confluence

⏱ ± 1 min read · 👁 88 readers

A Fibonacci level on its own is weak. It becomes useful when it stacks with other things:

Fibonacci and structure areas. An illustrative swing from 2300 to 2340; levels are measured from the high.
BelajarGold diagram. Click the image to enlarge.
  • A 61.8% level that happens to line up with daily support/resistance.
  • A 50% area that meets a trendline or moving average.

Look for two or three reasons meeting; ignore levels standing alone in empty space.

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