Fibonacci retracement levels are considered as hidden support and resistance levels. Quite often they coincide with obvious support and resistance levels, like in the forex graph in question.

Fear can arise when a stock position is losing money ... illustrate the various price inflection points. The Fibonacci price ...

XRP 4-hour chart presents a robust impulsive structure forming after a corrective ABC phase. The breakout from the descending triangle near $3.07 (0.236 Fibonacci retracement) propelled XRP into ...