How to Draw Fibonacci Retracement on MetaTrader 4

How Do I Draw BTCUSD Trading Fibonacci Retracements?

To draw Fibonacci Retracement indicator on the MT4 platform, you can use the following cryptocurrency trading step by step guide:

1. Click "Insert Menu"2. Click "Fibo"3. Click "Retracement"

How to Draw Crypto Trading Fib Retracement on MetaTrader 4

How Do I Draw Fibonacci Retracements Levels?

After adding this Fibonacci Retracement Technical Indicator tool on the MT4 platform - this Fibonacci retracement technical indicator can then be accessed from "MT4 Line Studies Tool Bar" as shown on the cryptocurrency trading example illustrated below.

How to Draw Fib Crypto Technical Indicator Tool on MT4 Crypto Charts

This Fibonacci Retracement technical indicator is located on MT4 (Line Studies Toolbar), to navigate to this line studies tool bar click "View" button key at top left corner of MT4 software next to file, then click the "Tool bars", Then Check "Line Studies".

From the above MT4 Fibonacci Retracement indicator tool a trader can then select this Bitcoin Trading Fib Retracement tool & place it on a cryptocurrency chart so as to determine where the Fibonacci Retracement Areas are on the Bitcoin Chart.