# Fibonacci Trading

Skill · Finance and Accounting

Canonical page: https://career.thegoodapps.co/skills/fibonacci-trading

Fibonacci trading is a technical analysis method used by traders in stock, forex, and cryptocurrency markets that applies ratios derived from the Fibonacci sequence (such as 23.6%, 38.2%, 61.8%) to identify potential support, resistance, and price reversal levels. Traders draw Fibonacci retracement or extension lines on price charts between significant highs and lows to predict where a price trend might pause or reverse. It is a popular tool among technical analysts, though its predictive validity is debated among more fundamentals-focused investors.

Related skills: [Technical Analysis](https://career.thegoodapps.co/skills/technical-analysis), [Forex Trading](https://career.thegoodapps.co/skills/forex-trading), [Elliott Wave Theory](https://career.thegoodapps.co/skills/elliott-wave-theory)

## Open roles requiring Fibonacci Trading (0)

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