Fibonacci arcs
A method of using charts to predict key support and resistance levels, as well as price targets. These are created by first drawing a trend line between two points, for example, technical analysts commonly use the high and low points in a specific time interval. Then, three curves are drawn at the points that intersect the trend line at the Fibonacci levels of 38.2%, 50%, and 61.8%.
Popular 'Technical Analysis' Terms
Related Personal Finance Articles
Loading...
Fibonacci arcs in the news
Loading...
Enter your email address to get our free Term of the Day newsletter!
Fibonacci arcs is ...
... part of the Technical Analysis and Trading subjects.
Nearby Terms
Search volume for Fibonacci arcs
Get our content on your iGoogle page
RSS