A tool used in technical analysis which plots the Fibonacci ratios on a graph which displays a stock's price over time. The key Fibonacci ratios are 23.6%, 38.2%, 61.8%, and 78.6%. The different Fibonacci ratios are used to predict how likely it is for the stock to return to that price by retracing its previous actions.
Related information about Fibonacci retracement:
- Fibonacci retracement - Wikipedia, the free encyclopedia
They are named after their use of the Fibonacci sequence. Fibonacci retracement is based on the idea that markets will retrace a predictable portion of a move, ...
- Fibonacci Retracement Definition | Investopedia
A term used in technical analysis that refers to areas of support (price stops going lower) or resistance (price stops going higher). The Fibonacci retracement is ...
- What is Fibonacci retracement, and where do the ratios that are ...
Jan 24, 2007 ... Fibonacci retracement is a very popular tool among technical traders and is based on the key numbers identified by mathematician Leonardo ...
- Fibonacci Retracements - ChartSchool - StockCharts.com
Once a pullback starts, chartists can identify specific Fibonacci retracement levels for monitoring. As the correction approaches these retracements, chartists ...
- Fibonacci Retracements | A Guide to Using Fib Levels for Trading
If you didn't draw the Fibonacci retracement lines in, you can still tell just by looking at the chart that the stock has retraced 50% of the previous move. If drawing ...
- Fibonacci retracement - YouTube
Fibonacci Retracement Part 1 - Intro endlessmountain 10,508 views 1 year ago Fibonacci Retracement brought to you by http://thesilverlogblogspot.com as well ...
- Fibonacci Retracement | Fibonacci | Learn Forex Trading
Here we plotted the Fibonacci retracement Levels by clicking on the Swing Low at .6955 on April 20 and dragging the cursor to the Swing High at .8264 on June ...
- Fibonacci Retracements - Technical Analysis
Arguably the most heavily used Fibonacci tool is the Fibonacci Retracement. To calculate the Fibonacci Retracement levels, a significant low to a significant high ...