Fibonacci retracement
A Fibonacci retracement is a proportional chart annotation calculated between two user-selected price anchors; it is not an exchange-published level.
Plain-language meaning
A Fibonacci retracement is a proportional chart annotation calculated between two user-selected price anchors; it is not an exchange-published level.
Why it is useful
Fibonacci retracement is useful as descriptive evidence when it is compared on the same definition, source, period, unit and exact listing. It is one input to research, not a verdict.
Where it appears in XMarketRadar
Look for Fibonacci retracement in Advanced Chart settings, indicator panels, screeners and technical research for the selected listing and bar interval.
How it is calculated or sourced
For an advance from low L to high H, a retracement r below the high is H−r×(H−L). Common annotations include 23.6%, 38.2%, 50%, 61.8% and 78.6%; 50% is a midpoint convention rather than a Fibonacci ratio.
Inputs, period and unit
Read the disclosed inputs or source, observation period, bar interval, unit, native currency and scale. A value without its source and as-of context is incomplete; unlike units must not be combined.
Worked example
Illustrative only: For an advance from ₹100 to ₹160, the 38.2% retracement is ₹137.08 and the 61.8% retracement is ₹122.92; both are user-anchor-derived coordinates, not forecasts.
What high and low mean
A higher or lower Fibonacci retracement value is descriptive, not automatically good or bad. Meaning depends on the instrument, comparison period, method and related evidence.
Positive, negative and genuine zero
Positive and negative Fibonacci retracement values retain the definition shown here. A genuine reported or computed zero is displayed as 0 and is not the same as missing evidence.
Limitations and common mistakes
Fibonacci retracement may differ by provider definition, observation time, instrument and venue. Common mistakes are dropping units or dates, comparing unlike scopes, and treating a missing value as zero.
Market-specific differences
The concept is used across all supported markets, but currency, price scale, session calendar, source field and regulatory definition can differ. XMarketRadar preserves the exact exchange context.
Suggested next steps
Open the related Technical analysis terms below, then follow the matching Help Centre task guide and inspect Fibonacci retracement on an exact exchange listing. Confirm source, as-of time, units and unavailable reason before using it in research.
Educational information only; not investment advice or an order service.
This Fibonacci retracement tutorial is educational and descriptive. It is not investment advice, a price prediction, a recommendation, or an instruction to buy, sell, rebalance or place an order.
Also known as: fib-retracement, golden-ratio