27. Fibonacci bajista y cómo utilizarlo a tu favor en Forex
El Sensei
6 min, 24 sec
The video explains the process of placing a bearish Fibonacci retracement in a downtrend market, using specific examples.
Summary
- The presenter describes how to identify a bearish structure by looking for lower highs and lower lows.
- A bearish Fibonacci is drawn from the highest point of the movement to the lowest point, awaiting a retracement to form a new lower high for entering sales.
- Examples are given on how to apply bearish Fibonacci retracement in live markets, demonstrating the identification of starting and ending points.
- Valid retracement levels are emphasized, with the range being from 38.2% to 88.6%, and the importance of a retracement not exceeding 100% is noted.
Chapter 1
The video begins with an introduction to the concept of placing a bearish Fibonacci retracement in a downtrend market.
- The presenter recaps the previous video about placing a bullish Fibonacci and moves on to explain the bearish version.
- Important points such as the need for lower highs and lower lows in a bearish structure are introduced.
Chapter 2
Live market examples are used to demonstrate how to draw a bearish Fibonacci retracement.
- The presenter shows how to draw the Fibonacci retracement from the highest to the lowest point of a bearish movement.
- Specific levels like 38.2% and 50% are discussed as potential zones where a new lower high may form.
- The importance of the 50% retracement level in creating a new lower high and continuing the downtrend is highlighted.
Chapter 3
The video continues with practical application and correction of a previously used example to draw bearish Fibonacci retracement.
- Using the same example from the previous video, the presenter corrects a mistake and demonstrates the correct placement of a bearish Fibonacci.
- The tip of the wick must be at a bearish point, and the retracement levels are further explained.
Chapter 4
The video segment focuses on identifying valid retracement levels in a bearish market structure.
- Retracement levels from 38.2% to 88.6% are considered valid, while a retracement of 100% is not as it would mean a return to the starting point.
- Examples of bearish market structures are provided to illustrate the points where bearish Fibonacci retracement should be drawn.
Chapter 5
The video explains how to interpret changes in market structure from bullish to bearish and their impact on trading strategy.
- The presenter demonstrates how a change from higher highs and higher lows (bullish) to lower highs and lower lows (bearish) indicates a market structure change.
- Once a market structure transition occurs, previous buy trades become invalid, and the focus shifts to looking for sell opportunities.
Chapter 6
The presenter offers more examples of bearish Fibonacci retracements and how to identify trade entry points.
- Additional charts are analyzed to show how to draw and use bearish Fibonacci retracements.
- The presenter emphasizes the importance of entering sales at the creation of lower highs which are identified using the Fibonacci levels.
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