How to Trade 100.0 CFD Fib Projection Level

We useFibonacci expansion levels to estimate where the trend movement will reach. There are 2 important Fib expansion levels: 61.8% & 100.0% Fibo Projection Levels, these are used for taking profit.

100.0% CFDs Trading Fib Projection Level

100.0 CFD Fib Projection Level is not commonly used to set cfd profit taking orders when trading using the Fibo Projection Technical Indicator.

Most cfd traders will use the 61.8% Fib Projection level.

To draw Fib Projection levels on the cfds chart we wait until the cfd price retracement is complete & the price starts to move in original direction of the CFD trend. Where the cfd price retracement reaches is used as chart point 3. Fib Projection Indicator is drawn using three chart points as illustrated and shown on the example explained below of how to draw the Fib Projection Indicator Tool.

The Fib expansion examples described below shows the Three Chart Points where the Fibonacci expansion indicator is plotted, marked as Chart point 1, Chart point 2 and Chart point 3.

Chart point 1 is where the cfd trend started, Chart point 2 is where the cfd trend pulled back and retraced and Chart point 3 is where the cfd retracement reached as displayed on the Fibo Projection Technical Indicator Tool example explained below.

The First Fib Projection Level is the 61.80% CFD Fib Projection Level and the second is 100.0 CFD Fib Projection Level shown Below - These Fibonacci Projection Levels are Used by CFD Traders to Set Take Profit CFD Orders

61.8% CFD Fib Projection and 100.0% CFD Fib Projection Level Used to Set Take Profit CFD Orders

Please note where these Fibonacci Projection levels are plotted - Fib Projection zones are plotted above the Fibo technical indicator, these are the chart points where one will set the take profit orders using these Fibonacci Projection Levels - 100.0% Fibonacci Projection Level is the second Fibonacci Level.