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Fibonacci Retracement on Chart
Wednesday, June 20th, 2007Well, Basicly Fibonacci retracement is very popular a technical tool to see where the market will move. Its mathematical number was announced by Leonardo Fibonacci in 13th century.
Investopedia.com: In technical analysis, Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%.
Now, how I can put the indicator on my marketiva chart ?
Right click on chart, select Fibonacci Retracement.
Trends Terms:
Related Terms: FX Market Hours Chart Download, Fibonacci Moving Average, Belajar Fibonacci, Marketiva Forex Chart, Newzeland Dollar Chart,
