This article delves into how Fibonacci retracement works, its application in crypto trading, and real-world examples of how traders use this tool to improve their trading outcomes.

Traders swear by Fibonacci retracement — a simple yet powerful tool that helps decode the market’s twists and turns. Rooted in a centuries-old mathematical sequence, these key levels reveal where ...

Plotting Fibs on Your Charts The Fibonacci price levels on a chart are referred to as Fibs. Many charting packages have drawing tools that include Fib retracement.

UTX is trading at a level of interest. The 50% Fibonacci Retracement level of the downside move starting at 7/7/11 and ending at 8/9/11 is in play. The price level we are talking about is 79.75.