How To Use Volume + Fibonacci For Profit Targets
Why It Matters
Traders can improve trade management by using pattern measurement, Fibonacci confluence, and volume to set higher-probability profit targets and anticipate where momentum may run out. That confluence-based method helps prioritize exit levels and manage risk more systematically.
Summary
The video demonstrates using technical confluence—head-and-shoulders pattern completion, AB=CD measured moves, and multiple Fibonacci levels—to identify profit-target zones. The presenter overlays Fibonacci extensions and retracements (notably 61.8% and 78.6%) from macro and micro swings to create a clustered target area, then checks volume for confirmation. High-volume nodes mark likely resistance and potential stops to momentum, while volume voids suggest price can travel quickly through those levels. The combined approach narrows where to take profits and where price is likely to stall or accelerate.
Comments
Want to join the conversation?
Loading comments...