It is a method of technical analysis for determining support and resistance levels. These retracements use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before it continues in the original direction. The most popular Fibonacci Retracements are 61.8% and 38.2%. This pattern can be helpful for swing traders to identify reversals on a stock chart.
تبصرہ
Расширенный режим Обычный режим