Fibonacci retracement
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English
[edit]
Noun
[edit]Fibonacci retracement (countable and uncountable, plural Fibonacci retracements)
- (finance) A method of technical analysis in which a forecast is generated by taking two extreme points on a chart and dividing the vertical distance by ratios based on the Fibonacci sequence.
Quotations
[edit]- For quotations using this term, see Citations:Fibonacci retracement.