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Fib Retracement Tool Explained

How Can You Interpret Fibonacci Retracement?

Fib Retracement is an indicator used in indices trading to figure out where stock prices might go back to in an upward or downward trend. Stock traders use these retracement levels to make and start stock trades at a better price after the stock price has gone back a bit and starts moving in the original trend again.

What is the Explanation Fibonacci Retracement Levels?

  • 23.6 % Indices Fibo Retracement
  • 38.2% Indices Fibonacci Retracement
  • 50.0 % Indices Fibo Retracement
  • 61.80% Fibonacci Retracement

How Can You Interpret Fibonacci Retracement Levels?

The 38.2% and 50.0% Fibonacci Retracement zones are the levels most frequently targeted: often, the stock trading price correction will terminate near one of these points. The 38.2% Fib Retracement Level remains the most favored and universally applied retracement benchmark in index trading.

The 61.8% Fib Retracement Level is also often used to decide where to set stop-loss orders when trading with this strategy.

The Fib Retracement Levels indicator is shown in the same direction as the price trend, just like the examples that are shown below.

Fib Retracement Levels & Definition Fibonacci Retracement

Fibonacci Retracement Levels Explained - What Do Fibonacci Retracement Levels Mean

Fib Retracement Levels and Definition Fibo Retracement

What's the Definition Fibonacci Retracement Levels? - Fib Retracement Tool Explained with Example

Understanding Fibonacci Retracement Levels - What Do Fibonacci Retracement Levels Mean?

What's the Definition Fibonacci Retracement Levels? - Fib Retracement Tool Explained with Example

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