Skip to main content
Version: 2.0

Available Pattern

Bullish Fibonacci​

Fibonacci Search, Available Pattern, Bullish Fibonacci.png

The Bullish Fibonacci pattern is a technical analysis tool used to predict potential bullish reversals in the market. It's based on Fibonacci ratios (23.6%, 38.2%, 50%, 61.8%, and 100%) drawn between a significant low and high. Traders look for price retracements within these levels. A standard bullish signal is when the price retraces to a Fibonacci level and then bounces back, indicating potential upward movement. The 50% and 61.8% levels are often watched closely. However, these patterns should be used with other indicators for confirmation.

Bearish Fibonacci​

Fibonacci Search, Available Pattern, Bearish Fibonacci.png

The Bearish Fibonacci pattern is a technical analysis tool to predict potential bearish reversals in the market. It's based on Fibonacci ratios (23.6%, 38.2%, 50%, 61.8%, and 100%) drawn between a significant high and low. Traders look for price retracements within these levels. A standard bearish signal is when the price retraces to a Fibonacci level and then falls back, indicating potential downward movement. The 50% and 61.8% levels are often watched closely. However, these patterns should be used with other indicators for confirmation.