The Fibonacci price levels on a chart are referred to as Fibs. Many charting packages have drawing tools that include Fib ...
The 'missing' Fibonacci level and how to use it On my trading ... I decided to work out a 1/3 (33%) retracement and draw it in to the chart. This is the solid line drawn at 132.22 (as you can ...
On 25 January, I noted that the market had reached the important 50% Fibonacci level(see chart below ... does), play with the wave 2 high/low and draw in an alternative Fibonacci set.