Depending on your trading software, you may be able to draw additional levels like the 50% one. How to use Fibonacci retracement levels in EUR/USD graph First let us take a closer look to the ...
Fibonacci retracement analysis can work in any ... The 'missing' Fibonacci level and how to use it On my trading platform, I have the standard Fibonacci levels of 23.6%, 61.8%, and 50%.
The most commonly used numbers in this form of retracement ... One minus each of these levels gives the special Fibonacci retracement levels: 38.2%, 61.8%, and 76.4%.
There are a few basic rules when using the Fibonacci retracements with the ONE44 rules and guidelines. This is the short version. A 38.2% level keeps the trend intact and new highs/lows should follow.