#培训 Fibonacci Levels and How to Use Them
Drawing Fibonacci levels on a price chart follows these rules: each level represents a portion of the previous complete move. Therefore, when marking levels, you need to:
- Identify a complete trend (or a wave before a correction within the trend) on the chart.
- Calculate the difference between the highest and lowest prices of that move.
- Determine the specific level values.
- Using a selected extreme point as the starting point, draw the level on the chart.
Since Fibonacci retracements are symmetrical, choosing the highest or lowest point of the ran