Fibonacci Retracement: How to Use, Strategies, Fibonacci Ratios, Golden Ratio
FIBONACCI RETRACEMENT What is Fibonacci Retracement? The renowned Fibonacci sequence is the source of the Fibonacci retracement levels. They can predict potential support and resistance zones for financial markets. Ancient India conceptualized these horizontal lines. They denote common retracement percentages of 23.6%, 38.2%, 61.8%, and 78.6%. A price may return to these percentages before continuing […]