How to adjust Fibonacci Support and Resistance Levels

Hey Traders so today I wanted to make a quick video on what to do if your using Fibonacci and the market makes new highs or lows. I only use the daily charts however this may be able to also be applied to other time frames. The key in my opinion is to try and follow the market and let it confirm new levels before adjusting. Also in long term trends you may have to keep making adjustments multiple times before the market hits a top or a bottom.

Enjoy!

Trade Well,

Clifford