Fibonacci Retracement What Is Fibonacci Trading
The sequence starts with zero, 1, and continues as zero, 1, 1, 2, 3, 5, eight, 13, 21, 34, 55, 89, 144, and so forth. The Fibonacci retracement levels are calculated by dividing the vertical distance between a high and low point by the important thing Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8%, and 100 …