Fibonacci Retrace with Breakout Calculator for Android

Commonly observed market retracement levels of 38.2%(38%), 50% and 61.8%(62%) are derived from ratios of this logical number series.
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Fibonacci Retrace with Breakout Calculator for Android Ranking & Summary

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  • Free
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  • By TECH-SITE
  • Operating Systems:
  • Android
  • Additional Requirements:
  • Requires Android 4.1 and up
  • Total Downloads:
  • 1

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Fibonacci Retrace with Breakout Calculator for Android Description

Commonly observed market retracement levels of 38.2%(38%), 50% and 61.8%(62%) are derived from ratios of this logical number series. Traders apply Fibonacci levels to their charts between the start and end points of a notable trend and then examine the price patterns. In a nutshell, they look for bounces and reversals when a Fib number gets hit during a pullback.


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