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{"id":19180,"date":"2022-05-31T08:25:12","date_gmt":"2022-05-31T08:25:12","guid":{"rendered":"https:\/\/iqtradingpro.com\/?p=19180"},"modified":"2022-05-31T08:25:12","modified_gmt":"2022-05-31T08:25:12","slug":"fibonacci-indicator-reversal-candlestick-patterns","status":"publish","type":"post","link":"https:\/\/iqtradingpro.com\/fibonacci-indicator-reversal-candlestick-patterns\/","title":{"rendered":"How to trade Fibonacci indicator with reversal candlestick patterns in IQ Option"},"content":{"rendered":"

In the previous article<\/a>, I showed you how to use the Fibonacci indicator to find the most basic support\/resistance zones to open orders there. Today, we will add one more condition to increase safety before opening orders. That is the appearance of reversal candlestick patterns at the price points that return to the 50 – 61.8 Fibonacci zone. Let\u2019s find out more details in this article.<\/p>\n

Register IQ Option and Get Free $10,000 Risk warning: Your capital might be at risk.<\/small><\/span><\/a><\/p>\n

Benefits of the combination of Japanese candlestick pattern and Fibonacci indicator<\/h2>\n

When combining Fibonacci with candlestick patterns, we need to find reversal ones. Because they have many advantages to support the Fibonacci indicator.<\/p>\n