- Use Fibonacci tool by connecting the last swing low and last swing high to display 5 possible areas of support - Look for price to turn at one of these 5 main levels before entering a trade for ...

The mathematical principles brought to us by Leonardo de Pisa, known as Fibonacci can crack the retracement code and give us the numbers for each of the most probable areas where price can turn ...

Fibonacci retracement levels are horizontal lines that indicate where support and resistance are likely to occur. They are based on Fibonacci numbers.

Fibonacci is of course well known for bringing the Fibonacci code to the West (first understood by Indian mathematicians in the 6th century).

Talking Points - Use Fibonacci tool by connecting the last swing low and last swing high to display 5 possible areas of support - Look for price to turn at one of these 5 main levels before entering a ...