How to Use Fibonacci Retracements in Price Action Trading > 자유게시판

Many technical analysts use Fibonacci retracement levels to forecast where price might reverse, grounded in classical Fibonacci ratios

The Fibonacci ratios originate from the famous Fibonacci sequence, تریدینگ پروفسور in which each value equals the sum of the two previous values

Standard Fibonacci retracement levels traders watch are 23.6, 38.2, 50, 61.8, and sometimes 78.6 percent

The 50% level, though mathematically external to Fibonacci, is treated as sacred by traders due to its deep psychological impact

Before applying Fibonacci retracements, first confirm a strong and visible trend

Look for a significant swing high and a swing low

When the market is rising, your retracement tool starts at the recent trough and ends at the recent peak

For downward trends, the process is inverted: start at the swing high and end at the swing low

Position the retracement tool accurately: from bottom to top in uptrends, top to bottom in downtrends

Your trading platform will display horizontal support

After a powerful rally or decline, price frequently retraces before resuming its original direction

These pullbacks tend to find support or resistance near the Fibonacci levels

If price drops to the 38.2% level in a bull market and then reverses upward, it signals potential support

Look for confluence with classic price action signals like rejection candles, engulfing patterns, or consolidation bars

Never rely on Fibonacci levels alone — pair them with additional technical signals

Relying solely on the levels can lead to false signals

Look for confluence—when a Fibonacci level aligns with a previous support or resistance zone, a trendline, or a moving average

Confluence dramatically improves the reliability of trade setups

Also, wait for the candle to close beyond the level before taking a trade to avoid getting caught in false breakouts

Fibonacci retracements lose reliability in range-bound or volatile conditions

In sideways markets, price often ignores Fibonacci levels, producing false signals

Evaluate the broader trend context before acting on any retracement

A strong trend combined with a pullback to a major Fibonacci level greatly boosts reversal odds

Begin with daily or 4H charts to determine trend direction, then zoom into 1H or 15M for precise entries

Risk management is critical

Set stops beyond the next key Fibonacci level or recent swing extreme

In a long setup at 61.8%, your stop-loss should be placed just under the 78.6% retracement level

Your profit target may be the last swing high, or push further to the 161.8% extension in powerful trends

These tools reflect behavior, not destiny

They are tools that help highlight areas where price may react based on historical behavior and trader psychology

Consistent profits arise from integrating Fibonacci levels with robust price action and emotional control

Practice on historical charts first, and always test your strategy in a demo account before risking real capital