To use this method, draw lines connecting a major high and low on the chart. Then, calculate retracement levels using Fibonacci ratios like 23.6%, 38.2%, 50% and 61.8%.

Using the Fibonacci ToolThe rally up to between the 38.2% and 61.8% levels signals the “trade zone”. (We can see on our chart that price retraced into this zone several times providing selling ...

Zooming out to a daily SPX500 chart and adding a Fibonacci retracement starting from the 2/4/14 high to the 4/8 low of 1836.60 low we get potential areas of Fibonacci resistance that can act as ...

Bitcoin chart demonstrating the swing low candle or lower extreme and the swing high candle or upper extreme. Tradeview Once that range is set, Fibonacci retracement levels are set 23.6%, 38.2% ...

Below it, the short term target is 78.6% the other way at 3292.50, per the ONE44 78.6% rule, this is also a major Gann square. If this is all it can setback, look for a quick run to new highs. The ...

Fibonacci fans are very similar in concept to Fibonacci retracements and in many ways they are used the same way. Both are effective tools for identifying support and resistance levels, entries and ...

Below that is the 38.2% Fibonacci retracement that occurs at 107.056. Finally, there is the potential to find support at the 50% retracement which is at 104.693.

EUR/USD weekly chart Bitcoin Bearish Breakout Below 78.6% Fib Bitcoin (BTC/USD) has respected most of the Fibonacci retracement levels. Recently price action has broken below the 78.6% Fibonacci: ...

From dailyfx.com S&P 500 technical positioning warns of a turn lower ahead, hinting the safe-haven US Dollar may manage to hold up at support and position for recovery. US DOLLAR TECHNICAL ANALYSIS– ...

Using the Fibonacci ToolThe rally up to between the 38.2% and 61.8% levels signals the “trade zone”. (We can see on our chart that price retraced into this zone several times providing selling ...