Fibonacci retracement levels are depicted by taking high and low points on a chart, marking the key ratios, and using them in a trend-trading strategy.

The Fibonacci sequence is a set of steadily increasing numbers where each number is equal to the sum of the preceding two numbers.

Learn about the origins of the Fibonacci sequence, its relationship with the golden ratio and common misconceptions about its significance in nature and architecture.

Using the important Fibonacci ratios of 23.6%, 38.2%, 50%, 61.83%, and 100%, technical analysts may generate a Fibonacci retracement from two extreme positions (often a peak and a trough) on a ...