A beginners guide to Fibonacci retracement.
What is Fibonacci retracement?
- "In technical analysis, Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%." - Investopedia
In english?
Fibonacci...
