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All Fibonacci retracement levels refer to the complete set of ratios derived from the Fibonacci sequence, commonly used in technical analysis to identify potential support and resistance levels in financial markets. These levels include 23.6%, 38.2%, 50%, 61.8%, and 78.6%, which help traders predict price reversals and make informed decisions.
By applying these levels, investors can analyze market trends and set strategic entry and exit points. For example, the 61.8% level is often considered a key area for trend continuation, while the 38.2% level might indicate a minor pullback. Understanding all Fibonacci retracement levels enhances trading accuracy and risk management. |
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