Glossary
Fibonacci retracement
A tool that plots horizontal levels at key Fibonacci ratios (23.6%, 38.2%, 50%, 61.8%) to identify potential support/resistance.
Related terms
Explore these related forex terms.
A tool that plots horizontal levels at key Fibonacci ratios (23.6%, 38.2%, 50%, 61.8%) to identify potential support/resistance.
Explore these related forex terms.