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Fibonacci levels play a vital role in trading, helping traders spot potential support and resistance zones and enabling them to identify ideal entry and exit points. Our free Fibonacci calculator simplifies this process for you.
How to Use Our Fibonacci Calculator: Example Scenario
Scenario | Uptrend Retracements | Uptrend Extensions | Downtrend Retracements | Downtrend Extensions |
---|---|---|---|---|
High Value | 10 | 0% (b) – 10.000 | 5.000 | 261.8% – -8.090 |
Low Value | 5 | 23.6% – 8.820 | 6.180 | 200% – -5.000 |
Please note that this calculation serves as an example and may differ from actual results due to variations in contract specifications for different instruments and assets. Use our Fibonacci calculator to gain a competitive edge in your trading strategy.
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