Fibonacci Retracement Explained: Smarter Entries & Exit Zones

8月17日

🔹 Intro / Overview
Fibonacci retracement highlights potential support and resistance zones during pullbacks. By mapping ratios between swing highs and lows, traders can structure trades, plan entries, and manage risk — not predict the market.

📖 How to Use
1️⃣ Identify Swing Points – Draw from recent swing low ➝ swing high (or reverse for downtrend)
2️⃣ Watch Key Levels – 23.6%, 38.2%, 50%, 61.8%, 78.6%
3️⃣ Confirm with Price Action – Candle closes above/below key levels = stronger signal
4️⃣ Plan Stops & Targets – Use Fibonacci zones or swing points
5️⃣ Enhance Reliability – Combine with trendlines, moving averages, or candlestick patterns

📊 Chart Explanation (Step-by-Step)
The chart demonstrates a possible long setup using Fibonacci retracement:

• Point A (Swing Low): Starting point of the retracement
  
• Point B (Swing High): Endpoint establishing Fibonacci ratios
  
• Point C (Chart Confirmation): Swing low confirming levels are relevant
  
• Point D (Potential Invalidation): Price dips near 38.2%–61.8%; closes below could invalidate
  
• Point E (Entry Zone): Successive closes above 78.6% confirm entry
  

🔍 Observations

• Price respected multiple Fibonacci zones (38.2%, 50%, 61.8%)
  
• Swing highs/lows defined the structure
  
• Yellow path = past trend movement
  
• Blue path = potential reaction for illustration only
  

📌 Trade Management

• Stops: Just beyond Fibonacci zones or swing points
  
• Targets: Next Fibonacci level or previous swing high/low
  
• Reliability increases when combined with other confirmations
  

✨ Key Takeaways
✔ Fibonacci is a guide, not a prediction
✔ Candle closes near levels strengthen entries
✔ Stops & targets can flex with Fibonacci or swing structure
✔ Always use confluence for decision-making

✅ Conclusion
Fibonacci retracement is a visual framework to time entries and exits with discipline. Combine it with other tools for stronger setups.

⚠️ Disclaimer: For educational purposes only. Not financial advice.

8月22日

ノート

✅ As projected, the price respected the Fibonacci Retracement levels and moved in the same direction we highlighted.
📊 This illustrates the effectiveness of Fibonacci in identifying potential reaction zones.
💡 A useful reminder that when combined with discipline, technical levels can offer powerful learning insights.

8月27日

ノート

Update (22 Aug): After price reached the 200% Fibonacci extension, the trend shifted to bearish on closing below the 150% level.
This highlights how the Fibonacci levels have worked so far for projection and trailing-stop purposes.
We now wait for a proper bearish confirmation before applying bearish Fibonacci zones.