My first Elliot Wave-Fibonacci Retracement set up

Greetins, this is my very first set up. I used the published educational ideas I found searching for knowledge. Just want to say thank you to @Sanmig_Live who encouraged me to try the method. Also I did a small trade using Trading Paper.

I set up a Fibonacci Retracement layout that marks the more plausible points for the expected waves of an impulsive movement. It is calibrated with the 1st wave lenght as the 1 level of Fibonacci Retracement . Also levels show different colors according to information they provide. Further development must be done.

Paper trade active xD
Chart PatternsWave Analysis

Aviso legal