Fibonacci retracement levels are a strategy that some traders use to analyze a stock’s resistance levels. You can use many different retracement levels but one of the most common is 61.8%.

Fibonacci retracement levels are constructed by using the golden ratios, and describe a potential target retracement level, after a certain security has increased or decreased.

In this thought provoking interview, David Bufallo looks at how traders can utilize fibonacci retracements and extension in their trading and how he specifically uses them in his own trading ...

Fibonacci Expansions plot possible levels of support and resistance. They are created by tracking primary trending moves and their retracements. Traders can use Fibonacci Expansions to set ...

Fibonacci retracement is a method of technical analysis for determining support and resistance levels ...

Fibonacci offers a perfect fit with forex strategies, locating hidden support and resistance levels that translate into high odds entry and exit prices.

What is Fibonacci retracement? Fibonacci retracement denotes a type of technical analysis to identify the expected support and resistance levels of an asset. It involves the use of several horizontal ...