How to Perfectly Set Up Fibonacci Retracement in TradingView

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Hey trader! Let’s talk about setting 
up your Fibonacci retracement tool  

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for clean and efficient analysis in 
TradingView. Start by selecting the  

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Fibonacci retracement tool and drawing it 
correctly on the chart. For bullish moves,  

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connect the low to the high, with 100% at the 
start and 0% at the end; for bearish moves,  

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reverse it. Next, open the settings 
and make these quick adjustments.

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First, extend the lines to the right 
so they’re easier to follow. Then,  

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uncheck all the unnecessary levels, keeping 
only the most important ones: 38.2%, 50%,  

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and 61.8%. Turn off the background to 
keep your chart clean and focused. Also,  

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disable the display of price values to 
avoid distractions. Finally, under the  

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'Level' section, select 'Percent' 
to show the levels as percentages.

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Simplify your chart by focusing on 
key retracement zones and removing  

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clutter. Check out our video, "Mastering 
Fibonacci Retracement & Extension Levels",  

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to learn how to identify market structure 
and draw Fibonacci tools correctly. Please  

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remembre to keep our top recommendations 
in mind, and best of luck in your trades!