Meaning Fibonacci retracement
What does Fibonacci retracement mean? Here you find 2 meanings of the word Fibonacci retracement. You can also add a definition of Fibonacci retracement yourself
1 |
0
0
Fibonacci retracementDefinition A tool used in technical analysis which plots the Fibonacci ratios on a graph which displays a stock's price over time. The key Fibonacci ratios are 23.6%, 38.2%, 61.8%, and 78.6%. The [..]
|
2 |
0
0
Fibonacci retracementA technical analysis tool displaying percentage lines which look at support and resistance levels, potentially signaling short-term price/yield reversals. The concept of retracement suggests that afte [..]
|
| << Fibonacci arcs | FIBV >> |