The Key Fibonacci Retracements to Keep the Trend Intact, 23.6% & 38.2%, New Video! The chart is key to this analysis.

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%.

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% ...

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 ...

Having said that, we will be watching the 78.6% retracement on the nearby chart at 5577.00, there is also a major Gann square at 5566.00 for added support. This will be the key area for the next week.

On a short-term daily candlestick chart with a simple Fibonacci retracement spanning from $24,750 up to $31,862, we can see that the 38% retracement level at $29,145 has been acting as support for ...

From the 61.8% retracement levels, traders have taken the reciprocal of the golden ratio (1-.618) to find the next common Fibonacci retracement level of 38.2%.

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– ...

Based on Fibonacci ratios, common Fibonacci extension levels are 61.8%, 100%, 161.8%, 200%, and 261.8%. Extension levels signal possible areas of importance, but should not be relied on exclusively.