Fibonacci Retracements

38.2 / 50 / 61.8% retracement levels — equity price pattern.

What are Fibonacci Retracements?

Fibonacci retracements identify potential reversal points using ratios derived from the Fibonacci sequence. • 38.2%: Shallow retracement - pullback in strong trends • 50.0%: Midpoint - psychological balance level • 61.8%: Golden ratio - most significant level Unlike oscillators, Fibonacci shows actual price levels.

Trading Signals

• Solid Lines: 38.2% - shallow support (green tint) • Dotted Lines: 50.0% - medium support • Dashed Lines: 61.8% - deep support (golden ratio) Trading Applications: • Price bouncing from 38.2% = strong trend continuation • Price bouncing from 50.0% = normal retracement • Price bouncing from 61.8% = deep retracement • Price breaking 61.8% = potential trend reversal

Price Overlay

Close bouncing off 61.8% level = strong Fibonacci support. • Enter Closer-Look mode to see close price overlay • Toggle: Show/hide close price line (same axis) • Dashed line shows the closing price for reference

Shapes & Interactions

• Sector Shapes: Each sector has unique shape • Ticker Colors: Each ticker gets a unique color • Tap/Hover: View exact price levels at any data point • Sparse Data: Fibonacci levels calculated from significant swings

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