Fibonacci retracement definition What is a Fibonacci retracement? A Fibonacci retracement is a key technical analysis tool that uses percentages and horizontal lines, drawn onto price charts, to ...

What Is Fibonacci Retracement and How to Use it Fibonacci retracement is a technical analysis tool used to identify potential levels of support and resistance during a price pullback.

Fibonacci trading strategies provide a means by which traders can measure market pullbacks within trending markets, finding trading opportunities in each instance. The Fibonacci retracement drawing ...

Fibonacci retracement analysis can work in any time-frame from weekly to minute-by-minute charts. This is down to the fractal nature of markets. I have covered this principle in the glossary.