汇刃FXKiller
Fibonacci Retracement is a technical analysis tool based on the Fibonacci sequence, used to identify potential support and resistance levels. It's based on the theory that markets, after trending, typically retrace to specific Fibonacci ratio levels before continuing the original trend.
Fibonacci Sequence: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89... Each number is the sum of the previous two Key Ratios: 23.6% = 23.6% retracement from high 38.2% = 38.2% retracement from high 50.0% = 50% retracement (not Fibonacci ratio, but widely used) 61.8% = Golden ratio, most important retracement level 78.6% = Deep retracement level Calculation: Retracement Level = High - (High - Low) × Retracement Ratio
Fibonacci Retracement: Identifies support/resistance after trend retracement
Fibonacci Extension: Predicts targets after trend continuation (127.2%, 161.8%, 261.8%)
Fibonacci Time Zones: Predicts timing of significant price movements
Fibonacci Fan: Combines trendlines with Fibonacci ratios
Fibonacci Arcs: Displays support/resistance in arc form
38.2% Retracement: Shallow retracement, indicates strong trend
50% Retracement: Medium retracement, psychological key level
61.8% Retracement: Golden ratio, most important support/resistance, deep retracement
78.6% Retracement: Very deep retracement, may signal trend reversal
Multiple Fibonacci Confluence: Multiple Fibonacci levels overlap, forming strong support/resistance zone
Fibonacci Breakout: Price breaks key Fibonacci level, confirms trend continuation or reversal
In uptrends, draw Fibonacci retracement from swing low to high, seeking pullback buying opportunities. In downtrends, draw from swing high to low, seeking bounce selling opportunities. 61.8% level is most important, usually the last line of defense. Combining Fibonacci with other technical tools like trendlines, moving averages, or support/resistance can improve accuracy.
Provides objective support/resistance levels, widely recognized creating self-fulfilling prophecy, applicable to all markets and timeframes, can predict targets, works well with other technical tools
Subjective (different high/low selection yields different results), not all retracements stop at Fibonacci levels, requires clear trend for effective use, may generate multiple signals causing confusion
Why Is There Such a Huge Gap Between Live Trading and Hindsight Analysis? As a professional trader with over a decade of...
Constantly Itchy Hands in Trading? Use the '80/20 Iron Rule' to End Overtrading and Save Your Account In the forex marke...
MetaTrader 4 vs MetaTrader 5: Comprehensive Comparison in 2026 – Which is Better for Forex Traders? In the world of fore...
USD/INR appreciates on Wednesday after registering modest losses in the previous session. However, the upside of the pai...
Philip Wee at DBS Group Research highlights an upside bias in EUR/USD, expecting the pair to oscillate around 1.19 rathe...
MUFG’s Michael Wan notes that softer US data have pushed US 10-year Treasury yields lower and led Fed fund futures to fu...
Join FX Killer to learn how to properly use technical indicators for trading decisions