
Video of ABCD fibonacci pattern. This price structure resembles a double bottom formation in the market.

Video of trading with fibonacci extensions. Fibonacci extensions are critical when analyzing impulse moves to the upside.

Video of a trader using fibonacci when trading the forex market.

A large number of traders, especially day traders utilize fibonacci levels when trading. The most common fibonacci levels are 23.6%, 38.2%, 50%, 61.8% and 100%.

Fibonacci levels are a standard measure for support and resistance levels within the market. This levels are calculated by analyzing the retracement levels between two swing points.

Fibonacci ratios, when applied to trading stocks, correlate two trends; let's refer to them as primary and secondary. The primary trend refers to a trending move in one direction while the secondary trend will refer to countertrend moves in the opposite direction. The three most common fibonacci retracement levels are 38.2%, 50%, and 61.8%