What is Fibonacci Retracement?

피보나치 되돌림

Lines that mark, as ratios, how far a price pulls back relative to the preceding rise or fall. The 38.2 percent, 50 percent, and 61.8 percent levels are commonly used. It is less that the ratios themselves have force than that many participants watch the same places, so reactions occur there. It is checked by whether the line overlaps with existing support and resistance or with zones where trading was heavy.