**Farmula for Fibonacci Levels**

Fibonacci Levels Value =

Low + (Fibonacci Ratio X Range)

Where:

Low = The base or starting price (eg 397.25).

Range = High - Low

(eg 465.85-397.25=68.60).

Fibonacci Ratio = The chosen ratio

(eg 0, 0.5, 1, 1.618, 2.618,)

*How to Use Farmula*

1. Calculate the range: Range =High-Low

2. Substitute the Fibonacci Ratio into the formula:

Fibonacci Lavel Value = Low + (Ratio x Range)

Note:

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