Fibonacci Extensions Guide: Trend-Based vs Auto Fib
TradingViewLearn how to use TradingView’s Trend-Based Fib Extension and Auto Fib Extension tools to identify potential price targets after a retracement, including their key levels, settings, and the differences between manual and automatic Fibonacci extensions. — Try on Supercharts ➡️ https://www.tradingview.com/chart/ — Key points: — Manually select the Trend-Based Fib Extension to project Fibonacci extension levels. — Understand the 0.618, 1.0, and 1.618 extension levels for potential areas of interest. — Auto Fib Extension Automatically identifies the points used to calculate the extension. — Manual vs automatic Trend-Based gives you control over the points; Auto Fib identifies them automatically. — Explore our educational articles: — Trend-based fib extension drawing tool➡️https://www.tradingview.com/support/solutions/43000518137/ — Auto Fib Extension➡️https://www.tradingview.com/support/solutions/43000612397/ — Getting started on TradingView ➡️https://www.tradingview.com/support/getting-started/ — Timestamps: 00:00 Intro 01:20 Apply Trend Based Fib 02:20 Reading The Levels 04:17 Set Alert 06:10 Nasdaq Fib Pull 07:10 Settings 10:15 Add Auto Fib extension 11:10 Settings 12:50 Summary — @TradingView is the only official TradingView YouTube channel. TradingView does not provide brokerage services. All the information in this video is for educational purposes only and does not constitute financial, trading, or investment advice. — For more updates: Try TradingView ➡️ https://www.tradingview.com/ Read our blog ➡️ https://www.tradingview.com/blog/ Explore trading ideas ➡️ https://www.tradingview.com/ideas/ Follow us on X ➡️ https://x.com/tradingview/ Subscribe ➡️ http://youtube.com/@TradingView?sub_confirmation=1 — Get $15 for every friend you invite to join our globally-minded community — https://www.tradingview.com/share-your-love/ — #TradingView #Trading #Investing #TechnicalAnalysis #Charting