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How to erase the fiburnachi on the forex?

The Fibonacci retracement tool is a popular technical analysis tool used in the forex market. Traders use it to identify potential levels of support and resistance, as well as potential entry and exit points for trades. However, there may come a time when a trader wants to erase the Fibonacci retracement levels from their chart. In this article, we will discuss how to erase the Fibonacci retracement tool on the forex.

Step 1: Identify the Fibonacci Retracement Tool

Before you can erase the Fibonacci retracement tool, you need to first identify it on your trading platform. The Fibonacci retracement tool is usually found in the technical analysis section of your trading platform. It may be represented by a series of horizontal lines that are drawn across the chart at predetermined levels. Alternatively, it may be represented by a series of horizontal lines that are connected by diagonal lines. Once you have identified the tool, you can move on to the next step.

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Step 2: Select the Fibonacci Retracement Tool

To erase the Fibonacci retracement tool, you need to first select it. This can usually be done by clicking on the tool in the technical analysis section of your trading platform. Once you have selected the tool, you should see the Fibonacci retracement levels displayed on your chart.

Step 3: Delete the Fibonacci Retracement Levels

To delete the Fibonacci retracement levels, you need to click on each level and press the delete key on your keyboard. Alternatively, you may be able to right-click on each level and select the delete option from the drop-down menu. Once you have deleted all of the levels, the Fibonacci retracement tool should be removed from your chart.

Step 4: Save Your Chart

After you have erased the Fibonacci retracement tool, you should save your chart. This will ensure that the changes you have made are saved and will be visible the next time you open the chart. To save your chart, you may need to click on the save button or select the save option from the file menu.

Conclusion

In conclusion, erasing the Fibonacci retracement tool on the forex is a simple process that can be done in a few easy steps. By following the steps outlined in this article, you can quickly and easily remove the Fibonacci retracement levels from your chart. However, it is important to remember that the Fibonacci retracement tool can be a useful tool for identifying potential levels of support and resistance, so you may want to consider keeping it on your chart for future use.

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