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Fibonacci - How to use?
Practical Guide: How to Use the Fibonacci Indicator in Trading.
What is the Fibonacci Indicator?
The Fibonacci indicator helps predict reversal points in a trend by identifying areas where the price may correct before continuing its move.
The most commonly used levels are:
- 0,236 (23,6%)
- 0,382 (38,2%)
- 0,5 (50%)
- 0,618 (61,8%)
- 0,786 (78,6%)
Levels between 0.382 and 0.618 are considered "golden" zones for buying or selling due to the high probability of reversal.
What is the Fibonacci Indicator?
The Fibonacci indicator helps predict reversal points in a trend by identifying areas where the price may correct before continuing its move.
The most commonly used levels are:
- 0,236 (23,6%)
- 0,382 (38,2%)
- 0,5 (50%)
- 0,618 (61,8%)
- 0,786 (78,6%)
Levels between 0.382 and 0.618 are considered "golden" zones for buying or selling due to the high probability of reversal.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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