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2 results for “fibonacci extension”

Price Action

Fibonacci Pullback Strategy: How to Trade the 61.8% Retracement

The Fibonacci pullback strategy buys a dip in an uptrend near the 50%-61.8% retracement. Learn how to draw the levels, what each one means and a worked trade with a stop and extension target.

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Price Action

Fibonacci Retracement Explained: How to Use It in Forex

Fibonacci retracement levels show how deep a pullback has gone inside a trend. Learn how to draw them, what the main levels mean and how to plan a pullback trade with a defined stop and target.

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