📈 How to Use Fibonacci + RSI in Trading (Beginner’s Guide)
GM traders! 🚀 Ever wondered how pros catch perfect entry & exit points? The secret sauce = Fibonacci Retracement + RSI (Relative Strength Index). Let’s break it down 👇
🔹 Step 1: Draw Fibonacci Levels
Pick a recent swing high & swing low on your chart.
Common levels to watch: 0.382 – 0.5 – 0.618.
These act as support/resistance zones.
🔹 Step 2: Confirm with RSI
RSI near 30 → Market oversold = potential buy zone.
RSI near 70 → Market overbought = potential sell zone.
🔹 Step 3: Combine Both
✅ If price retraces to Fib 0.618 support + RSI is oversold (30–35) → Strong Buy Signal.
✅ If price retraces to Fib 0.618 resistance + RSI is overbought (65–70+) → Strong Sell Signal.
💡 Pro Tip: Always wait for a candle confirmation (hammer, engulfing, etc.) before entering.
📊 Poll: Do you trade with Fibonacci or RSI?
👉 Yes, love it | 👉 No, still learning
💬 Comment below if you want me to share live chart examples! 👇