Fibonacciretracementtyökalujen
Fibonacci retracement is a technical analysis tool used to identify potential reversal levels in the price of an asset after a directional move. It is based on Fibonacci ratios derived from the Fibonacci sequence, with common retracement levels including 23.6%, 38.2%, 50%, 61.8%, and 78.6%. Traders apply the retracement by selecting a significant price move—such as a swing from a trough to a peak or from a peak to a trough—and drawing horizontal lines at these percentages to mark possible support or resistance as the price retraces part of the move.
Origins and basis: The method draws on the Fibonacci sequence and the golden ratio, which appear in
Usage and application: To use Fibonacci retracement, a trader identifies a major price move, measures its extent,
Limitations: Retracements are not predictive guarantees. Effectiveness depends on choosing the correct swing points and time
Variations: Some charting tools also offer Fibonacci extensions, arcs, and fans, which extend the same mathematical