What Is Fibonacci Retracement and How to Use it Fibonacci retracement is a technical analysis tool used to identify potential levels of support and resistance during a price pullback.

Learn about Fibonacci retracements and what a mathematical discovery made almost 1,000 years ago can tell you about the direction of your investments.

The Fibonacci retracement levels used in technical analysis are derived by dividing one of these numbers by another number that appears later in the chain. For example, 55 divided by 89 is 61.8% ...

Another way to interpret price is through Fibonacci retracement and extension levels, which help identify potential reversal points based on historical price movements.

Technical traders who subscribe to Elliott Wave Theory often use Fibonacci retracement and extension levels to validate the existence of this pattern and determine potential exchange rate targets.

Other Fibonacci-based numbers (such as 1.382 or 2.618) can also be useful in that regard, but the 1.618 extension is the key number.  Many people know about the Fibonacci retracement levels (and for a ...

A resurgence in price from the 50% Fibonacci retracement level, coupled with higher monthly and quarterly closings, suggests a strong bullish outlook.

In summary, Gold stands at the crossroads of price and time. The alignment of VC PMI pivots, Fibonacci retracements, and Gann ...

Chainlink price holds near $23 as whales keep accumulating, while traders eye $22 support and possible upside reversal.