Fibonacci Retracement is a powerful tool based on mathematical ratios from the Fibonacci sequence. It helps identify potential support/resistance levels during price pullbacks in trends.
Key levels: 23.6%, 38.2%, 50%, 61.8%, 78.6% (and extensions like 161.8%).
Draw from swing high to low (or low to high) – perfect for spotting entries in Forex, Crypto, and Stocks.
How Fibonacci Works (Quick Setup)
On TradingView: Use the Fib Retracement tool. Select recent high/low points. Levels auto-plot where price might bounce or reverse.
Key Strategies
1- Pullback Entries
Buy at 38.2% or 61.8% in uptrends; sell in downtrends.
2- Target Projections
Use extensions (100%, 161.8%) for take-profits beyond the swing.
3-Confluences
Combine with S&R, RSI, or MAs for stronger signals.
Real Examples Right Now (Jan 3, 2026)
Bitcoin
BTCUSDT:
Between 30 Dec 2022 and 20 Feb 2023 We saw a pullback from top to the 0.618 Fibonacci level.
We also saw a hit to the 1st Fibonacci Extension level as a target on March 22, 2023.
Pro Tips
Add Fib to your toolkit today and nail those pullbacks!
What's your best Fib win? Share in the comments! 👇
Key levels: 23.6%, 38.2%, 50%, 61.8%, 78.6% (and extensions like 161.8%).
Draw from swing high to low (or low to high) – perfect for spotting entries in Forex, Crypto, and Stocks.
How Fibonacci Works (Quick Setup)
On TradingView: Use the Fib Retracement tool. Select recent high/low points. Levels auto-plot where price might bounce or reverse.
Key Strategies
1- Pullback Entries
Buy at 38.2% or 61.8% in uptrends; sell in downtrends.
2- Target Projections
Use extensions (100%, 161.8%) for take-profits beyond the swing.
3-Confluences
Combine with S&R, RSI, or MAs for stronger signals.
Real Examples Right Now (Jan 3, 2026)
Bitcoin
BTCUSDT: Between 30 Dec 2022 and 20 Feb 2023 We saw a pullback from top to the 0.618 Fibonacci level.
We also saw a hit to the 1st Fibonacci Extension level as a target on March 22, 2023.
Pro Tips
- Use in trending markets; avoid choppy ranges.
- Adjust for volatility: Shorter swings in Crypto, longer in Stocks.
- Confirm with volume – strong moves break Fib levels.
- Backtest on historical charts to master it!
Add Fib to your toolkit today and nail those pullbacks!
What's your best Fib win? Share in the comments! 👇
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.